Hi 'stockdoc2' - most of what you are saying is in line with what Ken said in the last Podcast Up-date !
However, Regarding the Name Change; Ken decided a Name Change was necessary, to more reflect what the company does, and will be doing in the future! Therefor; . . The Name Change does need to be approved before . . . he can apply for the Up-listing to the . . . NASDAQ or NYSE !
The name change will occur long before the uplist based on Ken’s promise not to uplist prior to a $.05 price. It will take some time to get there imo. My interpretation is that Ken is expecting and planning to get the name change and complete the liquidity event at or near the same time. Thanks for the definition of the term in conjunction with. Maybe tell Ken since it was his comment. Good luck .