CV Sciences Inc (CVSI)

[jefra1965]

Check The Valens Company (VLNS with better revs) or Lexaria (LEXX with worst) if you want to have an idea of what happens when you uplist to the nasdaq by RSS wihtout having a solid revenue growth story and operational growth stability. You need to be able to demonstrate that the business will turn a penny of profits within few quarters these days if you want to be considered a winner. And reasonable cash available or ways to finance the operation before any attempt to join the Nasdaq.
The trend @ CVSI must change in a convincing way for the share price to improve above 50 cents before attempting any 4 to 7X RSS. It is just impossible at this SP level if you need a $2.00 sustainable SP to uplist.
From what I have seen in the last couple of years every single company uplisting via RSS drops after joining the Nasdaq for a while at least. It's a very interesting phenomenon or more like an opportunity for the savvy when the companies are good ones.
Make a list of RSS uplisting companies in the past few years and study the trends to understand it.