InvestorsHub Logo

DwyaneMcRoberts

12/12/16 5:39 PM

#45853 RE: letitgrow24 #45851

Yessir, any guess on when financials will be released between now and then is really just...well a guess.

We know the NASDAQ minimum is $4.00. I would guess the company would like to be over that minimum prior to the reverse split (in other words, be anywhere between .06 to .12 cents per share).

If that is indeed what they want, then they would probably have to release financials at least a week or two before the uplist to allow the stock to grow.

After the reverse split, I would imagine it's harder for the stock to jump drastically in price simply because it's no longer a "penny stock" (even though it shouldn't be treated as one now).

Another approach is for this stock to be unlisted under the NASDAQ minimum where it will increase in price more gradually, preventing a larger pop in pps (more fluid approach).

I don't know their strategy, I'm not gonna pretend to know their strategy. But if I had to take a stab at financials release. I would say second week of January.

This is all speculation.