I can offer up loophole language that says the stock price could be $2 or $1 prior to uplisting - if other factors are applied. My point being no one here knows the full details (back|door) of how uplisting works. Simply look at my previous post. There are multiple boxes that BRTX doesn't check off according to the "Initial Listing Guide". Bottom line is you nor anyone else who opines about Algernon's chances to uplist simply don't know. Which includes myself, but I have offered up a real world scenario that shows Algernon is in a waaaaay better position than BRTX. How does one factually explain that? I believe there are extenuating circumstances that NASDAQ will take into account regarding Algernon's application. One being the CSE/OTC is just bitterly punishing the stock. Anyone in their right mind who looks at the pipeline of work in Algernon's wheelhouse in comparison to others knows Algernon is grossly undervalued. Also, I think Moreau was throwing out a clue when he told everyone Algernon has traded over 1 Billion shares in the past 3 years. 3 years being the same look back window for a NASDAQ review.
THEY'RE NOT GOING TO DO A BACK TO BACK R/S. THAT'S NUTS! SHOW ME ANYWHERE YOU HAVE EVER RUN ACROSS THAT SCENARIO TO UPLIST? ANOTHER SPLIT WOULD LIKELY TRIGGER ANOTHER UNCHECKED BOX BECAUSE IT WOULDN'T BE ENOUGH SHARES TO TRADE AROUND TOWN.
Now, a thoughtful and constructive angle to discuss would be if you offered some factual incite as to what's the hangup to uplisting for Simplicity Esports and Gaming Company? That's one of your primary exit from pennyland plays right?
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