Monday, April 19, 2021 9:43:22 PM
you may be correct, this ticker has reversed split many positions into oblivion. I guess I've been fortunate in that I was only around for the last r/s [1:15] there were previously a 1:5, and another 1:15. This ticker had 2 month long trading halts in Canada last year. Anyone coming in new to the ticker is probably looking through rose colored lenses & not acknowledging the history of shenanigans that have occurred. So it's a bit of keeping it real..if that's going wrong, well it's just all truth! You split adjust this ticker & 2 years ago it was trading at over $400 USD..give that a thought for a moment. That's $400 to $9 over 2 years.
In regards to NAS, it's a matter of looking at historical occurrences of successes, failures, and timelines to complete a actual listing. There are companies that can get it done rather quickly [ie Score Media/PyroGenesis/GreenPower] there are those that apply that never get approved & their price suffers, and then there are those in months to years wait and who knows if/when they will get it approved. NAS website does not allow you to see listing application progress, it's not to be public info. You will see it however when/if the time comes as a venue change or new issue/addition on FINRA [https://otce.finra.org/otce/dailyList]
As a previous poster stated on the board, a retrace may be occurring so that warrants can get exercised & more than likely they will beat it down towards the lower exercise price [$7.50]
My belief is this may be a 2x-3x at most if it ever runs, but they are surely bloating that share count. The share count doubled since the last R/S (Aug) So the market cap is rising as they keep adding shares, but the stock isn't moving. There are far better plays out there for more than that kind of potential return for the capital expenditure outlay! JMHO..
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