GREY:EPWCF - Post by User
Comment by
GalAnonymouson Feb 18, 2021 11:23pm
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Post# 32606619
RE:RE:While you’re waiting?
RE:RE:While you’re waiting?Hi HTNYC1 and Smokey :) Thanks for dwelling on the subject of uplisting with me and providing some info! This is what I know/ understand (beware: copy/paste from my earlier post):
We are trading in the OTC Pink, which is the lowest tier of the three marketplaces for the trading of over-the-counter (OTC) stocks. In the interview with WSR Steve said they that they filed 20f document from EDGAR for the SEC to the OTC and that they filed for their DTC elligibility. Then in the interview with Canadian Stockman Steve says "we are built for NASDAQ and the earliest that I can possibly do it we are going to do it". I seems like the first step will be to get uplisted to the OTCQB (the mid-tier OTC equity market) unless we can skip this step and go straight to the OTCQX (the top one)?
From what I understand being uplisted to OTCQB already opens the door for the US institutions to be able to invest in Empower. I think Nasdaq will be next and it looks like by the time we can get there we definitely won't need a reverse split to match the SP requirement :)
I trade from Canada and I base my knowledge on google so please correct me if I'm wrong :)