Well guys, I've showed some weakness and ask the company how they see TXP handling the OTC market. I ask them if it was foolish to do a large reverse split and apply for a higher exchange.
I don't like to do this because it makes you look like a greedy investor just thinking about himself. The reason behind this is that, imo, some of our customers may be having trouble to do business with us because of this "poor" listing on the OTC.
Don't shoot me here or ROFLYAO, I think I have a point. It's for a big company easier to do public business with other company's of the same "status". Think about Tellabs for example; they are very happy to announce to have found a way to dramatically lower access-point CAPEX through a new partner. Can they tell this in prime-time? I don't think so because that partner is an OTC company or a Pinkie. A lot of stations have that rule NOT to talk about that kind of listed company's. Maybe I'm full of sh!t here, don't know. But it's clearly on my mind. steve
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