Replies to post #34449 on EVIO Inc (EVIO)

[rushmann]

Uplisting usually has a positive effect on a stock, however, earn that uplisting by using a responsible buyback strategy instead of taking the easy way out with a R/S which is known to do much more damage than provide benefit and overall is very shareholder unfriendly. After a R/S there is no guarantee that further dilution won't take place thereby driving the stock's worth into the ground over time. If the company can't manage a buyback strategy to the reduce the O/S, then imo they have no right to uplist until they can formulate and execute an effective strategy outside of a R/S.

[GangstaRIB]

I'm home r/s alone won't be enough to uplist. It will put them at over a dollar. They will need some organic growth to get pps to 4+ which would get them to nasdaq