This was from a post I was watching earlier today, but has most of the information that I would think would be pertinent to IDGI in the years to come...
To get to NYSE: It's not the pps that matters, it's the market cap. The pps does have to be at least $5, I believe, but it's really the market cap. Also, the company has to be profitable for several quarters. Getting an NYSE listing is a very big deal and they have the highest requirements.
First need to get off the pinks and back on the OTC BB. To do that they has to get their tier status listing changed from limitted information to current information. That is the first step. This means getting all missed audits up to date and applying for the change. I don't know how long that takes.
I think it's important because it will show investors they are getting their act together If things really start coming together and the money is flowing then this should be a top priority Then if they really start kickin butt on the OTC then they can apply for an Amex listing. That's the next step up from the OTC and it's a big one. Would give a LOT more credibility to the company, like bigtime. The next step up from the Amex would be the Nasdaq and that would be even bigger. If a Nasdaq company is doing really well and has all of the requirements (market cap, volume, pps, profit, etc.) then they can apply for the NYSE. That is for the big boys only. These are all the best oiled machines on the planet and if they slip below any requirement they get booted quick.
For now let's just focus on getting some financials on good terms, executing the biz plan, generating a decent cashflow, getting all audits up to date and applying for a current information tier status change. Baby steps
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