Why would you think a RS is coming? SYAXF has 4 times as many shares.
2-billion shares is not a lot of shares I do not see a RS coming. But I have not been right in June yet, I am due though :-)
It would make more sense to keep diluting. Filings just came out they have a long time to wait to report them if it is a large duimp. Before it gets reported. Just my opinion.
They do want to move to Nazdaq.
Let me ask you if you were a CEO in this resession would you do that to your shareholders?
Whatever number they did a RS to it would go to .001 after trading started not one current share holder would hold if that announcement came. Again just my opinion.
But, PEMIF did 2-years ago and it worked out for them. Again you could be right. The timing is all wrong for one.
Give me 5 more minutes and I might change my mind again on the RS.
They need to move the company to the US, like llkkf is doing.
Those adr fees are going to suck on the US side, and be easier to get those government grants that I hate. ;-)
I have not been following much of anything I am on a hold cash mode. I do not plan on buying anything anywhere until after the 4th of July.
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The company is required to obtain shareholder approval of certain issuances of securities, including: Acquisitions where the issuance equals 20% or more of the pre-transaction outstanding shares, or 5% or more ofthe pre transaction outstanding shares when a related party has a 5% or greater interest in the acquisition target Issuances resulting in a change of control Equity compensation Private placements where the issuance equals 20% or more of the pre-transaction outstanding shar