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Re: biosectinvestor post# 535901

Sunday, 11/20/2022 11:43:45 AM

Sunday, November 20, 2022 11:43:45 AM

Post# of 693078
This is correct, however, however I believe the company must in addition have a net shareholder equity of $20 million. Therefore a possibility exists for surprise Up List to Nasdaq with a price above $4 by organic appreciation or reverse split and a concomitant equity raise or partnership cash infusion of $20 million or more. But might also be a requirement to be current of reporting obligations. Therefore I am expecting a possible Up List shortly after or concomitant with a partnership agreement that has upfront payment of over $20 million but the ASM might be a prerequisite.
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