I agree movement is good. However, after their last announcement that no reverse split is necessary for the merger with BFNH, I wonder if the upgrade means that the merger is still on, or if it will be delayed until the OTC uplift is completed. Could it be that the SEC said you can't do the merger until you uplift ELGL from the moribund status it now holds to a reporting (and hopefully trading) status.
If it does become reporting, then maybe we will get some reports and have some idea what they have. In general this is good news, but I am still confused. (I only own ELGL and not BFNH, so it shouldn't affect me so I guess I can wait and see.)
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