"Enable uplist to major exchange"
so does being successful and raising your pps organically...
a company that has failed to produce a product for ten years, whose stock sells for pennies per share and is flat broke, is not a good candidate for an up list to Nasdaq...
"Which in turn allows funds to be raised from institutions and mainstream lenders."
if kblb does a 1/40 r/s and manages to conjure up a higher pps and gets itself on Nasdaq, that means that all sorts of easy financing will suddenly be available to it?...when the fundamentals of the company haven't changed?..sorry..no...that's a carrot that was fed to some privately who then spread it around..
institutions and legit lenders loan money based on the fundamentals of the company and not the share price...they wont be impressed by the fact that kblb managed to hocus pocus their way onto Nasdaq...that happens all the time..
good business practices are not suspended on the Nasdaq...if anything, they get more strict...
the fact is, if kim can make kblb successful, he can get easy loans and good rates on the otc....otherwise he is going to find it just as hard on the Nasdaq as he does on the otc...