True. Though I would not really mind a rs in the future if the goal is to reach the required threshold for nasdaq. As long as it is not coming with dilution (so the a/s and o/s have to be reduced too) it would be acceptable.
I think that in the long run the company could potentially reach nasdaq without it but if management thinks it is a good way to unlock value, I believe it would be fair to consider it. I mean that kind of rs would not be the usual dumping move performed in the usual pinkies
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