Replies to post #259760 on Kraig Biocraft Laboratories Inc (KBLB)

[WebSlinger]

<< the minimum to be accepted onto nasdaq is $4 per share. >>

It seems that there is a misunderstanding of how uplisting works.

KBLB would need to reverse split the stock BEFORE they were on the NASDAQ, and the share price would have to hold above $4 for them to finally be accepted.

If they split the stock 100:1 and get the share price to $4 (the minimum), but then there is a selloff, then they won't be able to get onto the NASDAQ without another reverse split. That is why they would need to get the share price much higher than $4.