To IPO a company it takes big money backers and some companies still struggle and fail. The way ETNL is going slow and steady and not depending on big funding. More like a mom and pop starts off but continues it's growth.
Can a company in penny land be IPO'd at a later time into a higher market? Not sure....But they could merge with a larger company in the higher exchange....There is a lot of options that may happen to ETNL in their furture growth.... The first several years usuallly tell the story because those are the hardest years to get through.
Looks of it, ETNL has already past much of the 1st and hardest step of a startup. Now continued new products, orders and sales should be the foreseeable future....
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