Livechain Inc (LICH)

[creede]

Absolutely. And they seem to care about legacy shareholders.

With rare exception, companies have to wait two full audited years before they can uplist. They call this a "seasoning period".

This seasoning period is actually a very good thing for legacy holders if the new merging company plays their cards correctly.

All exchanges have a minimum listing price, but that price does not have to be met until it's time to uplist. Smart companies will let the price per share appreciate using their current base. If they are patient their price per share may rise high enough over the next two years that a reverse split will not be necessary.

This is a win/win since management will also keep more shares.

Most of the time, companies screw this up and split right out of the gate. This is typically because the merging company is a start-up and does not have the assets or client base for this to be a realistic goal.

This is where LICH seems different. I have not sold a share and bought more on Friday.

Could be a monster upside from here, imo.