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Re: igotthemojo post# 259760

Sunday, 04/30/2023 4:59:46 PM

Sunday, April 30, 2023 4:59:46 PM

Post# of 279062
<< the minimum to be accepted onto nasdaq is $4 per share. >>

It seems that there is a misunderstanding of how uplisting works.

KBLB would need to reverse split the stock BEFORE they were on the NASDAQ, and the share price would have to hold above $4 for them to finally be accepted.

If they split the stock 100:1 and get the share price to $4 (the minimum), but then there is a selloff, then they won't be able to get onto the NASDAQ without another reverse split. That is why they would need to get the share price much higher than $4.
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