I think the key point you and others may be missing is the reason they need to uplist is so they can pay (with shares) the warrant holders. If the pps is around 1 penney & they make it to QB, & the conversion resumes, based on the number of warrants remaining it would take about 5 minutes for the pps to reach the trips again. IMO there is NO WAY they don't RS.
Agreed...that ratio is unrealistic and I don't know what they are thinking. And we all know it will be diluted immediately after the RS. And then nobody would touch this with a ten foot pole.
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