Tuesday, December 14, 2021 11:48:21 AM
The share price was already eroded when Hamutal spoke about the uplisiting and she also spoke about how the company cannot control the share price.
They have received conditional approval to uplist to the TSX....
The 3 years of audited financials is not required as far as I know.
I have seen several other companies like Canopy Growth that didn't have 3 years and they uplisted.
The low share price is an issue..we'll see..they have until January 22nd to get things in order.
I expect the uplisting to happen.
https://www.globenewswire.com/news-release/2021/11/18/2337342/0/en/Else-Nutrition-Receives-Conditional-Approval-to-Graduate-to-the-Toronto-Stock-Exchange.html
LOOK @ SLIDE 39, 40 and 41.
https://investorday.elsenutrition.com/presentation
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