Thus, the three main steps to look for that indicate a company may be positioning itself for an uplisting are:
1. Undergoing a reverse split to meet the minimum share price criteria of the exchange ($4 for NASDAQ). 2. Restructuring the board of directors such that a majority of directors are independent. 3. Creating the required board committees (audit, compensation, and nominations committee).
AT TODAYS PPS, EVEN A 1:1,000 R/S WON'T GET THIS TO THE NASDAQ
AT TODAYS PPS, EVEN A 1:500 R/S WON'T GET THIS TO THE AMEX
Not to mention other criteria that needs to be met, and at this point, are not met.