Its not even official yet. As I understand it, the company is discussing having a vote to make it so. It was approved in the past but the company let the set time to perform it lapse, and it didn't happen.
In my humble opinion, the stock is in good shape.. especially for an OTC company. The outstanding shares is not in the billions like so many OTC stocks, its just under 100 million if I remember correctly. There is also no dilution, something else unheard of on the OTC. These are two big reasons I bought in.
Uplisting is a good idea, and I am all for it. Being on the NASDAQ or NYSE will allow the big money institutions to buy in. when currently many do not even look at OTC stocks. There are other benefits as well. The NASDAQ requires a minimum $4 stock price to become a member, hence the reverse split conversation. I just think the stock can get there on its own. Maybe not today, but someday in the not too distant future.
News 
Market Data 
Discover 
