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Voices of Reason

01/12/16 10:06 AM

#50364 RE: nanodaddy11 #50363

That (uplisting to Nasdaq or NYSE) is not reasonable nor possible - look at just a few of the listing requirements which OWOO (even with Tonner) does not meet:

https://listingcenter.nasdaq.com/assets/initialguide.pdf
https://www.nyse.com/publicdocs/nyse/listing/NYSE_Initial_Listing_Standards_Summary.pdf

Awhile back, OWOO made a statement that they were "100% focused on uplisting" (OTCQB) - that was months ago - even with periodic surges in volume, they cannot even get off of the stinky pinkys listings (ref. $0.01 minimum requirement) - in my opinion, with even more dilution with a merger, lack of PR to push the Walmart rollout, the prospects are even dimmer with the volume needed to surge past $0.01 to reach what they need to uplist.