Replies to post #3009 on HNO International Inc (HNOI)

[PNKBULLSHT]

Not a dumb question at all. I'm not real familiar with this process but this is what I found....

Each company must have a minimum of 1,250,000 publicly traded shares outstanding upon listing, excluding those held by officers, directors, or any beneficial owners of more than 10% of the company. The regular bid price of shares of the company's stock at the time of listing must be at least $4.00

Considering we currently only have 265,299 OS I would say yes, they would need to flood the market with another 1m shares.

https://www.investopedia.com/ask/answers/nasdaq-listing-requirements/#:~:text=Each%20company%20must%20have%20a,must%20be%20at%20least%20%244.00.