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Re: Maverick0408 post# 350407

Wednesday, 01/27/2021 10:26:37 AM

Wednesday, January 27, 2021 10:26:37 AM

Post# of 719504
No. They won't be uplisting anytime soon. They would have to increase shareholder equity by something like $300 million...and the only way to do that soon is to issue more equity, which they wouldn't do and isn't even possible in the near term.

It's going to be interesting to see how they address the uplist problem. Good data will give them options, but even then, it can't happen overnight, or at least I'm not aware of a way that it could. I think it's more likely that the company is sold prior to uplisting.
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