Replies to post #5168 on ConneXionONE Corp (CNNN)

[kex0414]

I understand your point and your concerns, but, there is nothing that he can do about it, unless/until he gets certain auto makers contracts. At that point I think he would move up to NASDAQ in a New York Second.

At present, there are only 2 things he can do. 1 is to do nothing and concentrate on business (the one I recommend)
OR
Do what he has been unfairly accused of before. I.e., start the printing press and dilute shareholders’ equity. He could produce enough shares to make money at the shareholders’ expense. Instead, he has chosen, again, to take a pay cut.
Since he has the money to keep the operation going for the next 3 years, albeit, a tight squeeze, there is no absolute reason that the stock must go up to survive.

As for NASDAQ:
(general rules. Not to be considered 100% accurate because of variables)
Company must have had a net income before taxes of $1,000,000 for 2 out of 3 years.
Then we do a reverse split of 650/1 bringing the shares up to $4.00.
Then there is the entry fees $125,000.00
Then there is the $35,000.00 to $100,000.00 annual fee.
These are approximations. The fees can vary as much as 200% more depending on variables. But I guess you get the idea.

Also remember, that those of us who are buying shares by the millions at the Bid are helping to keep the stock down. We're all partially responsible for that. This is not a judgement it's just a statement of fact.