TSXV:EPO.H - Post by User
Comment by
Alpha101on Jan 07, 2017 2:03pm
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Post# 25679046
RE:RE:RE:RE:RE:RE:RE:This makes no sense
RE:RE:RE:RE:RE:RE:RE:This makes no senseDerthebear wrote: Wouldnt we have to reverse split 10 to 1 in order to be at 1$ to enter epo.to ? Isent this one of the requirement ? Otherwise we are going to need a consistent flow of good news to get to a 440 m market cap .. Any toughts ?
I don't know how many times I've talked to management over the years and they consistently say very forcefully that there will be no consolidation. Call them and they will tell you that again and again and again and again!
There are methods for getting around the obvious requirements to get listed on the TSX. A reverse takeover is the most common, I think. You find a company on the TSX that has financial problems....you buy it cheap and then rebrand it as Encanto......now Encanto is on the TSX. Management knows how to do it when they are ready. Management has said they will eventually be on the TSX but it is not absolutely necessary or a priority. If you have a revenue stream in the billions, it does not matter what exchange you are on....people will find you.
The focus is on financing the trading company and building the mine. Side issues will be dealt with at the proper time.