Friday, September 03, 2021 7:43:04 AM
No point doing a R/S otherwise if the sole purpose is to uplist, which it should be now given they have ample cash. They could do a 35:1 at that point to get the minimum bid price up above $5 and there would be ~10mm shares OS at that point.
Personally, I thought they would release updates to show progress and the stock would get to $0.40-$0.50 organically and then they would talk about a 10-15:1 R/S. I think most would have been fine with that.
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