"According to the terms of the Equity Financing Agreement, neither TRILLIUM nor any affiliate of TRILLIUM acting on its behalf or pursuant to any understanding with it will execute any short sales during the term of this offering."
$VERB / $FUSZ uplisted from OTC to Nasdaq with 0 revenues in 2019 and an identical Equity Financing Agreement with a no shorting provision from Kodiak Capital.
More fundamentals-driven market today, and ReachOut has the financials to back an uplisting with institutional sponsorship and an identical Equity Financing Agreement with a no shorting provision.
ReachOut is valued at 10x P/S ratio.
At $13.7 M revenue currently, ReachOut’s valuation is $137 M.
$137 MC is ~ .40 SP
.40 with 10:1 RS will meet $4 SP minimum requirement for Nasdaq.
News 
Market Data 
Discover 
AI
