Tuesday, April 06, 2021 6:44:29 PM
Are we gonna get there by pure organic major revenue increase and natural SP? I hope so. If we have to do reverse split to go to Nasdaq, the goal deserves it. No the best option of course, but the possible benefits of trading in Nasdaq could offset the reverse split.
If by then, SIRC is reporting let's say 200M with an Outstanding of 400M that would be a 0.5 SP 1:1. If by then we are trading at a conservative x4, we would have $2 SP. Then we would require a 4 to 1 reverse.
If MZ do an outstanding job and we are trading at x10, we would have SP 5... Could be feasible, too tight I would say. I do not like reverse splits. You loose shares but you win SP. Specially going into Nasdaq could be very beneficial.
I am on another company which is on the process to uplist to Nasdaq and they did a 5 to 1 reverse split. I did not like it, but I will take it. It wont be an OTC...
Hard to say at this stage... So many new good things coming.
ILUS Provides an Update on the Binding Term Sheet Signed with Actelis Networks (NASDAQ: ASNS) • ILUS • May 31, 2024 12:52 PM
Element79 Gold To Provide Summary and Update on Active Exploration Program, Community Relations at RMEC on June 4 • ELEM • May 30, 2024 1:18 PM
Branded Legacy Secures Exclusive Extraction Partnership with One of the World's Largest Kava Distributors and Producers • BLEG • May 30, 2024 8:30 AM
ECGI Holdings, Inc. Announces $2 Million Debt-to-Equity Conversion • ECGI • May 30, 2024 8:30 AM
North Bay Resources Reports Assays up to >25% Mg, 0.1% Ni, 0.1% Cu, 0.01% Co, 0.3 ppm Pt at Tulameen Platinum Project, British Columbia • NBRI • May 29, 2024 9:03 AM
One World Products, Inc. Issues Shareholder Update • OWPC • May 29, 2024 8:20 AM