Greystone Logistics Inc. (GLGI)

[Phaedrus77]

I don’t see how an uplisting makes sense. They’d probably have to do a 1-5 reverse split at a minimum, as there’s no sense uplisting if the share price is a buck.

If they do a 1-5, there’d be < 6 million shares o/s and probably < 3 million shares of float. The only way I see an uplisting happening is if they merge with Trienda first.

If I were him, I’d just keep trying to increase the co’s profits, and good things will eventually happen. Uplisting is a solution to a non-existent problem, imo.

I assume you also saw the conference call transcript. It is nice to finally get info from the company. Q4 sounds like it should be a profitable one.