NASDAQ isn't even an option, and would be even less so should the conflicting director eliminating amendment pass.
Nasdaq certainly IS an option. We qualify for everything right now except some of the corporate governance requirements and the share price. The CG requirements wouldn't take to long to get in order. The share price would require a r/s obviously.
I think billpr speaks for himself and almost no one else in that he wants OTC over Nasdaq.
In addition, the proxy specifically states that they have no current plans to uplist.
Although the Company does not now have any definitive plans to expand the trading markets in which the Common Stock is traded, the higher trading price that should result from the Reverse Stock Split should help pave the way for the inclusion in any additional trading markets that the Company may elect to pursue in the future.
I think you may have some things mixed around. There was no talk of possibly missed foreign sales until the CC as I recall. Also, on the actual CC, they never said anything about uplisting to NASDAQ, let alone have it be the main reason. The main reason they gave on the CC was the foreign sales. Uplisting to NASDAQ has only been discussed seriously by people on this board.