Mitesco Inc. (MITI)

[Stockingstuffer12]

How is that the worst case scenario, they announce two other location and the bid is @ .1582. A total 185k shares traded today that is dismal.

A reverse from these levels would destroy shareholder equity.

The belief that being in the Nasdaq would magically cure all isn’t true. Revenue is king.

Example

MINDMED went from the OTC to Nasdaq organically hit 4 dollars. They haven’t been able to deliver and now their stock is @ 1.46. Heading for delisting.

No reverse happens here! And they have Mr. Wonderful from shark tank as anchor investor.

MNMD - Mind Medicine (MindMed) Inc.
NasdaqCM - NasdaqCM Real Time Price. Currency in USD
1.4650


Now you think Mitesco with a huge reverse and no revenue will fair much better on the big boards? February 2 2022 the first location will be open for a whole year 7k in quarterly revenue reported last quarter, let that sit in.