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Re: Double DD post# 23943

Tuesday, 02/08/2022 9:59:10 AM

Tuesday, February 08, 2022 9:59:10 AM

Post# of 32130
DD, that is correct. However the queries regarding uplisting have not been answered. I like this company's product BUT, with all this going on, why have they NOT made a move to ensure investors of the reality of all their work by simply moving out of Pink?

I am in IQST as one of my investments long-term, and similar queries were brought up by me there - they are now QX and readying for Nasdaq but still need the SP.

The minimal requirements for Nasdaq are:

$2 close price for 90 days sustained
$3 close price for 5 days sustained
$4 close price for 1 day

BUT, if a company achieves the $3 or $4 close price through volatility (i.e. rapid rise up) or through a RS (they have said NO RS) then Nasdaq can impose a 5-10 day additional timeframe to either the 5 day or 1 day. This means that the 5 day can become 10-15 days that it must hold for the $3 and 6-11 days that it must hold for the $4.

Again, I like this company, but words are not actions...retire the shares now, and file to QB at a minimum.

Best to you!
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