GREY:ISOLF - Post by User
Comment by
Zebullon Jul 24, 2018 8:41pm
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Post# 28362337
RE:nas uplisting???
RE:nas uplisting??? Yes. Here's an excerpt from theJune 27 18 news release:
To better situate the Company for future growth and expansion and to maximize shareholder value, the Company intends to consolidate its issued and outstanding ordinary share capital (“Common Shares”) on the basis of a one (1) post-consolidated Common Share for each (10) pre-consolidation Common Shares (the “Consolidation”). As a result, the outstanding Common Shares of the Company will be reduced to approximately 40 million Common Shares.
This Consolidation is being completed with the intention of an up listing to a major exchange in the United States which will give the Company access to more US based retail and institutional investors. The up listing will provide the company the ability to maximize growth and capitalize on new opportunities from the developments surrounding the FDA’s recent approval and stance on CBD based medicines as well as new opportunities arising from the anticipated approval of the Agricultural Improvement Act of 2018 that is expected to legalize hemp as an agricultural product in the United States.
The Consolidation is subject to the approval of the Canadian Securities Exchange, and it is anticipated that the Consolidation will be implemented in the month of July 2018.
Read more at https://www.stockhouse.com/news/press-releases/2018/06/27/isodiol-international-inc-applauds-the-fdas-decision-to-recognize-the-medical#2sAgT2SqwBUToROm.99