Wednesday, January 20, 2021 11:39:29 AM
Laying the ground work so it is an easy move when the time comes.
This tells me that the 10K will show yearly revenues in excess of $90MM. This is the only path that will allow them to up-list this year if the PPS requirement is met.
If $90MM wasn't met I'm not sure why they would take on the legal costs right now. I do not see another avenue for up-listing in FY21 without it. This is based on the assumption that it doesn't take 12 months to file the paperwork and receive the appropriate approvals.
This tells me that the 10K will show yearly revenues in excess of $90MM. This is the only path that will allow them to up-list this year if the PPS requirement is met.
If $90MM wasn't met I'm not sure why they would take on the legal costs right now. I do not see another avenue for up-listing in FY21 without it. This is based on the assumption that it doesn't take 12 months to file the paperwork and receive the appropriate approvals.
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