I cant wait till we file the IND and then uplist to the NASDAQ. Looks like KW has been approached already once the AN IPO came out in the news. Get the IND filed and we fly......................I would love to see us trading on the NASD with a price well above $4.00
PMCB ineligible under Standard 2: No positive cash flow.
PMCB ineligible under Standard 3: Market Capitalization was not >= $850M over the previous 12 months. And again no revenue >$90M per 12 months.
PMCB ineligible under Standard 4: Current Market Cap is <$160M or approx $40.8M. A R/S does nothing to change that. One would need for Kenny to issue approx 4X the current number of shares to 8B, without the PPS going down with the massive dilution. Not happening. Not to mention there's another qualifier for Standard 4 - value of assets has to be at least $80M. Currently it's $8M.
There's a little more to it, than just R/Sing the shares up to $4 - isn't there?
Like I said, Kenny can tell SHs they are "contemplating" a R/S, and uplisting. The golden dream for all Microcrap SHs. But there's no way for PMCB to get there - another not happening.
Up listing this scam with a reverse split so that they can try to scam NASDAQ investors. Better yet get institutional buyers.... nobody is going to guy this crapola.
Reverse split will make this stock WORTHLESS. No revenues no anything...