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Bullboard - Stock Discussion Forum Sona Nanotech Inc C.SONA

Alternate Symbol(s):  SNANF

Sona Nanotech Inc. is a nanotechnology life sciences company that has developed multiple methods for the manufacturing of various types of gold nanoparticles. The Company is engaged in the research and development of its technology for use in multiplex diagnostic testing platforms and biomedical applications. Its gold nanotechnologies are adapted for use in applications, as a safe and delivery... see more

CSE:SONA - Post Discussion

Sona Nanotech Inc > NASDAQ Listing Requirements - Do we see a stock split coming
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Post by Awsm11 on Jul 30, 2020 1:01pm

NASDAQ Listing Requirements - Do we see a stock split coming

  • Good day all, here are the listing requirements for the NASDAQ uplisting.  I think there may be a stock split coming up to get to the 100,000 shares of public float.   5 for 1?  3 for 1?  
  • Regardless, it will be epic with more shares to play with.  
  •  
  • Perfect Play for a TFSA account.   Can you imagine the uptick and all tax free. 
  •  
  • Shareholders Equity of at least $2,000,000.
  • At least 100,000 shares of public float.
  • A minimum of 300+ shareholders.
  • Total assets of $4,000,000.
  • At least two market makers.
  • $3 minimum bid price of the company stock.
  • Public float market value of $1,000,000.



Good luck to all... long and strong on SONA
 
Comment by bluebeard123 on Jul 30, 2020 1:04pm
Thanks Awam11. Be warned that you may be $hit on by people on this board because you are suggesting a stock split. You may be called a liar and spreading misleading information
Comment by Awsm11 on Jul 30, 2020 1:19pm
I am just stating that we have 66 million shares out. How many are public float?  how many are insiders?   We may need much more public float to get listed on Nasdaq.  Something will have to happen, and there is no need to go back to the trough and another PP for more money.  There is plenty of cash on hand and once the orders start coming in... there will never be a ...more  
Comment by Cottrader on Jul 30, 2020 1:42pm
stock split to go to Nasdaq? Lol not necessary as you mentioned over 60mil shares outstanding, 25% insiders, some in reserve
Comment by burnout29 on Jul 30, 2020 1:46pm
This post has been removed in accordance with Community Policy
Comment by burnout29 on Jul 30, 2020 1:22pm
This post has been removed in accordance with Community Policy
Comment by hieveverybody on Jul 30, 2020 1:20pm
This post has been removed in accordance with Community Policy
Comment by dart321 on Jul 30, 2020 1:23pm
there are many, many companies listed on the nasy with small floats, look at QDEL and it trades just fine.
Comment by coalnow2 on Jul 30, 2020 1:32pm
In fact Qdel is up $10 is dollars today alone.  tick tock
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