RE:RE:RE:RE:RE:What if The Halt Brings Up the Notion to Uplist To TSX MainI actually think a consolidation/uplisting is stupid because I think EGT is going to be bought out at some point within the next year. I wouldn't be surpised to see Tesla put an offer in for this company, considering we won Hawaii and they didn't. Makes more sense for Tesla to buy their competition. I wouldn't be surpised if a year from now we were asked to tender our shares for $5 because someone wants the technology and the patents, which are worth billions.
illumination1 wrote:
a projection of 57 million dollars over 18 months while fairly significant is hardly going to get things moving. But let's say even if we have the contracts and we have news as we have we are still trading at under .30 something is really wrong. Be it the economy, be it whatever the reason. If the economy and markets slow and we are looking to ramp up to fulfill contracts it wouldn't make sense if our s/p doesn't move to have to dilute further fairly heavily to do so. I would actually think the smarter move would be to consolidate now, have higher share value raises and keep growing. If a stall comes and we are trading low it will only lead to heavier dilution and maybe more than a 4-1 consolidation at least this is my thinking. I'm ok if people don't agree because many are thinking we will hit higher share values like yourself of $2.00 and can do a lesser dilution. I honestly don't think this will happen. I think people are looking to put their investment dollars in companies on the main exchanges because the risk is always considered less than the pennies. It will not benefit us to be here and not to consider making the move now. But again I could be entirely wrong, however, if I were looking to grow and take advantage of where we are I would take the company to the better exchange to allow for a sustained growth and any hits on the markets will be less felt than being on the "more dangerous" venture/small cap whatever else you want to call it exchange. This is just my thought process. Like I said, regardless we are growing and as long as we can keep the share counts down moving forward is the key as far as I am concerned. Either way let's see where things go. glta