So my guess, and this is just a guess... is that the rule change had an impact on us.. I am in another ticker that applied but then had the uplisting denied because of some toxic debt they had 'resolved' but not gotten off the books completely yet. Not quite our situation, but I believe we did issue 5 or 10 million shares to the marketing firm we hired recently, or something like that.
I really don't recall and none of it was a big deal. Too bad.. would really be nice to get an uplist/UL/Med approval around the same time.
Seems possible, but I have to believe we would have heard about the uplist by now if it was going to be approved.
We'll see...
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