Companies must also have at least 450 round lot (100 shares) shareholders, 2,200 total shareholders, or 550 total shareholders with 1.1 million average trading volume over the past 12 months.
Not sure how to interpret this from the IR firm. Usually it’s the ceo that throws out the Nasdaq/nyse promises to get investors to bite and buy shares and usually its always a scam when they claim it. But now we have a IR saying specifically saying they are working on meeting Nasdaq requirements.
If this is truly the case then they have a lot going on in the background but if the IR firm has decided to start spreading the lies and hopes of the up list to NASDAQ then we are in trouble.
Sure hope they have a ton of positives going on but the current share price and dilution are not reassuring.