Where did he state that he wants to up list by July 23rd? I feel like that is this board’s working theory because of the current R/S authorization but there is nothing that could stop him from reauthorizing if the date passes with no action taken.
Maybe letting the current R/S authorization expire would give the share price a further boost, along with more details around the plans related to the up list. Once the picture becomes more clear, and the share price rises to reflect that clarity, a smaller R/S could be authorized to complete the up list.
Too many unknowns right now for me to say with any certainty what the plan is in terms of a time line.
I’m sure many here will view not up listing by the 23rd as an abject failure but i can’t say with certainty that that is the current plan/goal and therefore have no reason to be disappointed if the date is not met.
Ironic that failure to meet a deadline many feel is too rushed (and, as far as I know, never stated by the company) will also be viewed by the same as another failure to execute.
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