InvestorsHub Logo
Followers 7
Posts 6049
Boards Moderated 0
Alias Born 06/27/2018

Re: None

Sunday, 06/18/2023 9:41:28 AM

Sunday, June 18, 2023 9:41:28 AM

Post# of 1530
Unfortunately the 1.80 price tag wont make this investment qualified again for me. So my tax thought is in the tank. Bummer. I can only hope and assume initial bid price will be 5 dollars or higher if they still have good intentions to directly list on Nasdaq and become qualified again. Of course that’s not what I believe they will do especially with Option Agreement hanging in the background. I could see them easily preventing this from happening initially and instead exercising the option and remaining in Expert Mode Market in the lower digits while financing is being addressed. It will be a process to build the price to get to that initial 5.00 dollar mark. Will take time. The two additional years will help in the process of building that price on the books. Then it could take that third year to really lift the price to an even higher level. Good times. Cuckoo Penny
Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.