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Tuesday, May 10, 2022 8:52:14 PM
The minimum share price is $1 on the Nasdaq Capital market which is the easiest to qualify for. You are saying the company will up list and fully dilute their shares knowing they will automatically run the risk of being delisted.
A fully diluted post split of 21.2M would have to have a market cap of $21.2M or in other words $1 a share to even maintain Nasdaq requirements. In other words we are at the very least undervalued by 1/2.
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