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Re: PENNIEStoSTACKS post# 71671

Monday, 07/04/2022 7:16:43 PM

Monday, July 04, 2022 7:16:43 PM

Post# of 88262
Yes I saw that article and I think Covid changed the plans somehow? Fine Hygienic Holding chief executive James Lafferty: "He said that timing and market sentiment will be critical. Fine has yet to engage investment banks on the potential IPO."
“The big target is the IPO … the earliest is 2021. The original target was 2022 but we are seeing if it can come forward. Once you go over $75m [in Ebitda] then you can start to get serious [about the deal],” Mr Lafferty said.


You cannot find anything else out there in the news right now on this subject? So we wait & see what develops? But like you said: "Just a thought"

However this would be a huge justification for:
What is the Nasdaq Capital Market?
The Nasdaq Capital Market is one of the three tiers within the Nasdaq Composite Index. The Capital Market tier is an equity market for companies with the smallest levels of market capitalization within the Nasdaq Composite Index.

FORM 1-A/A VirExit Technologies, Inc.

We expect to commence the offer and sale of the shares as of the date on which the Offering Statement of which this Offering Circular is a part (the “Offering Statement”) is qualified by the SEC. Prior to this Offering, there has been limited public market for our common stock. Trading in our Common Stock is reported by OTC Markets (“OTC”) under the symbol “VXIT.”

We expect to apply to list our Common Stock on the Nasdaq Capital Market (“NASDAQ”) under the symbol “VXIT.” We expect our Common Stock to begin trading on NASDAQ upon consummation of the Offering, qualification by SEC and acceptance by NASDAQ. Until we begin trading on NASDAQ trading in our Common Stock will continue to be reported by OTC.