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Re: Darryl_T post# 220555

Tuesday, 04/13/2021 1:14:24 PM

Tuesday, April 13, 2021 1:14:24 PM

Post# of 279351
<< It will take 2 bucks to make NASDAQ list. >>

That is incorrect.

KBLB has stated multiple times that they are applying for a NASDAQ tier that requires a $4 minimum share price.

The price is currently 0.1585. To get the price to $4, would require a reverse split of 30:1.

Of course, the reverse split would have to be higher, in order to account for any price drop that would occur after the reverse split, so a 60:1 or 75:1 is probably more in line.

Luckily KBLB approved a 100:1 reverse split.
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