The new stock would be completely new. You usually receive a new ticker and a new share structure if an IPO happens. Those that own HNSS shares would likely get a dividend for the new stock.
X amount of HNSS shares equals Y amount of 'New HNSS' shares.
Remember too that the Euro is valued at over 1.4 times the US dollar. You can get a huge multiplier effect based just off of the exchange rate.
An uplisting would likely entail a merging of two or more companies. There would also have to be substantial financing behind such an uplist.
HNSS would not have any reason to dilute prior to the uplisting (if there is one). An agreement would be made between the merging companies and a financier(s). This agreement would give each shareholder a dividend for the IPO or merger dependent on how many shares he/she holds.
Another possibility is that a company is already listed on the Frankfurt or other exchange and HNSS mergers with their company and we get that company's shares as a dividend for our HNSS shares. This is the more probably case unless their is a very large conglomerate forming that is very unique from current companies listed on a given exchange.
I would much rather see a merger rather than an IPO. An IPO can take many many months. A merger can take several months and is usually much easier time-wise and financially.
This whole discussion is incredibly speculative however.
I think the recent developments indicate that financing of some sort is very close to coming to fruition.
The only thing that makes sense is the company is being bought out or merging with a company that is fully reporting already.
This by default would make them fully reporting less the full expense. The quarter is chugging along so it's getting close to the time where they will be fully reporting.
I bet this gaps up big to open one tuesday or wednesday morning with a pre-market announcement.
Everything posted in the reply is of course my opinion.
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