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WebSlinger

04/13/21 1:14 PM

#220556 RE: Darryl_T #220555

<< It will take 2 bucks to make NASDAQ list. >>

That is incorrect.

KBLB has stated multiple times that they are applying for a NASDAQ tier that requires a $4 minimum share price.

The price is currently 0.1585. To get the price to $4, would require a reverse split of 30:1.

Of course, the reverse split would have to be higher, in order to account for any price drop that would occur after the reverse split, so a 60:1 or 75:1 is probably more in line.

Luckily KBLB approved a 100:1 reverse split.