"It obvious that the company will do a reverse split before the up-list to the NASDAQ." There is no way they are going to do a 1 for 15 split and take this to 50,000,000 outstanding shares.
I'm thinking $2.20ish by December with no split. Then at that point you do what Gerald said in his blog yesterday.
"Our strategy remains to up-list our common stock in 2014, and we believe we have the scientific credibility, diversity of assets and value creation milestones to achieve that objective while simultaneously allowing for further value creation once up-listed."
A Major Partnership would be great during the first week on the NASDAQ, and not out of the question.
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