Red Cat Holdings Inc (RCAT)

[investor2004]

Welcome! No kidding about fat shark! Anyway, in a couple of the conference calls and in filings they’ve stated that they seriously planned up list soon. That was over the duration of this year. Then a couple of months ago they stated that they were having a little trouble because of the aging of the company. They had to have two years of aging and they were not there yet. However, at that point they said that they had passed that mark and now could move forward soon with an up list once everything else qualified. Anyway, hope that helps. And Sam said, one of the last pieces of the puzzle is the share price. Most of us here think this is probably going to go over $10-$20 here soon. Once that happens, then I cannot imagine that it’s gonna be a ton longer before they would file to uplist. However, I remember reading in the rules for NASDAQ, for example, that they have to hold an average share price of the amount for 30 days. So we’re not quite there yet. They also actually said they were in negotiations with NYSE back a ways and NASDAQ as well.