I think they want to uplist in order to get attention from larger institutions and investors, and eventually get bought out or merge. Unfortunately current legacy holders get screwed in the process of getting to the Nasdaq, unless you own a LOT of shares.
I own close to 1mil shares so I’m going to be considering which way to vote on this given the possible logic of why they’d do this. Not to say my votes will swing it either way but worth a shot.
I would definitely like more analysis on this from others. Trying to get a clearer picture. I may just email Tony today.
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