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Tuesday, August 25, 2020 9:50:54 PM
I do think the block of preferred shares was converted to serve some purpose other than just simply to convert. I could very easily see a portion of the shares being used for a multitude of things to benefit the company, and still leave them with plenty to reap the rewards if this really does take off.
Back to OTCQB status, they filed everything on 8/5, so we are quickly approaching a full month next week. My guess was anywhere between 4-6 weeks to obtain approval from OTC markets, so assuming the audited financials were to serve that purpose, I think we should be hearing soon on that front regarding approval or not. I believe they meet all the requirements per OTCQB eligibility, so fingers crossed.
Overall, I think September could mark a turning point for this company. I've held for nearly 9 months, so another month doesn't bother me at all.
My post is only my opinion, I recommend you always do your own DD! I am not a licensed broker or a professional by any means, so take what I say as entertainment value at best.
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