Saturday, August 08, 2009 10:25:41 PM
An uplisting is a sign of continued growth and success. Once again, however, beware of companies that promise an uplisting and then never seem to deliver. It is often only a ploy to create buying which the company can sell shares into. No deadlines, missed deadlines, and scarce information on the companies financial performance are all red flags when a company is promising an imminent uplisting. Uplistings take a substantial amount of time and money due to the required audits, paperwork, and legal issues. If the company has never issued any reports of their performance, chances are that they either have a long way to go to become uplisted, or have no business being uplisted in the first place.
GOOD THINGS ARE HAPPENING:)
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