Keeping TGLO fully SEC reporting (as well as the huge net operating losses) will have been a significant factor in TGLO being chosen to reverse into - because being fully SEC compliant means that they can move to Nasdaq very quickly.
If you think about it this was TGLO's game plan all along - why else did they keep TGLO fully SEC reporting despite those large losses?
It made the difference between a stinky pinky company reversing in or a big board company reversing in as we can see.
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