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Thursday, December 16, 2021 3:59:14 PM
However.....Michael Miller (RLFTF IR rep) told me over the telephone a few weeks ago that investors should expect a LAG between reaching Levels and a NASDAQ uplisting. They are different events. So the way I understand it, RAM could reach ADR Level 3, but delay the NASDAQ uplisting for weeks or months.
Why does that minutia matter?? Because it's my understanding that we will NOT be FROCED to convert our RLFTF shares to ADRs (at the 1/150 ratio) until RAM actually performs the "Uplisting" to the NASDAQ. And just hitting Level 3 does not actually mean we get NAASDAQ uplisted. They are different events/processes.
This is the way I understand how things works. Anyone is free to correct me if I'm wrong on any of this. This is my understanding based on my conversations with both Michael Miller (RLFTF IR) as well as OTC specialists.
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