InvestorsHub Logo
Followers 27
Posts 11352
Boards Moderated 1
Alias Born 10/06/2011

Re: PlayInTheGreen post# 93473

Thursday, 03/25/2021 10:27:23 PM

Thursday, March 25, 2021 10:27:23 PM

Post# of 113210
SHMP specifically said they would be filing documents for the uplist WEEKS AGO. It's reasonable to conclude that would mean the R/S, which, as you point out, is needed for SHMP to meet the bare minimum requirement for NASDAQ (although I believe SHMP fails for other criteria for the bare minimum and has to aim higher).

I've always believed that NASDAQ was a NaturalRedherring for the R/S SHMP needs to allow for conversion of the Class A shares. I still believe it.

But putting that aside, SHMP will be coming very close to the authorized share limit of 900 MILLION with this $100 MILLION S-3. So, regardless of NASDAQ, SHMP will be doing an R/S IMO.

I'm here for the entertainment and to entertain. I'm certainly not here to give financial advice and anyone who thinks otherwise is a fool.

Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent SHMP News