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Re: Jayman5000 post# 44499

Friday, 01/13/2023 11:49:15 AM

Friday, January 13, 2023 11:49:15 AM

Post# of 46339
FACT You are_not_permitted_to_use RS to increase share price to uplist.. you need to demonstrate organic growth as well as revenue requirements audits number of shareholders among a few things then when you are in a position to Uplist and wish to use a reasonable RS to do so it is deemed acceptable... if for example a sub penny stock does a large RS to get well above a penny then attempts to do so again to uplist they would be rejected bc they fail the requirements due to RSing their way up...

So knowing these fact and your example its clear to see this would have to trade organically to well over .01 - Uplist to OCTQB then demonstrate to FINRA that they qualify before being allowed to up;list to Nasdaq you Have to be OTCQB or QX before you can go higher.. and it MUST be organically grown


so thats a huge win for investors if we use your continued Nasdaq reasoning for an RS.. Thanks for demonstrating what an incredible investment this is

The tweet specified restructuring in order to uplist. The form of restructuring that tends to be done for that in the OTC is in fact the reverse split.

In this case, for example, to get to an uplist $4.00 share price it would need to be over a 4,000 to 1 reverse split based on the current share price.

Ouch.

Bullish
Bullish

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