News Focus
News Focus
Followers 405
Posts 52581
Boards Moderated 2
Alias Born 06/20/2011

Re: yerboss post# 188098

Thursday, 10/13/2022 9:03:12 PM

Thursday, October 13, 2022 9:03:12 PM

Post# of 193129
What if they choose to re-list on the QB/QX instead of doing an RS at the end of the 180 extension (assuming they don't exceed $1 by then - which I think is highly unlikely).”

They could certainly do that. But it will create two problems:

1) A large number of the institutional shareholders will have to sell because the can’t hold OTC penny stocks and

2) Their ability to access financing will likely be reduced to convertible debt…and as we all know that would kill the stock eventually.

"Harsh reality is always better than false hope"

Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent TONX News