RE:RE:RE:RE:RE:Acquisition announcement
It is great news. As a new US based shareholder in the last few months...I think this company is doing a great job creating a socia media ecosystem around eSports/Gaming. That being said this company is getting lost on the TSX...It needs to be on the NASDAQ where it will get much more exposure to the US tech focused investor base.
I know the compnay have said they are working on it and Concord Genuity are helping them I would hope. So there are two ways I see this happening:
1. Reverse Split combined with an uplisting (need over $5 USD share price for NASDAQ as well as some other metrics around daily volume and liquidity)
2. They go public on NASDAQ via takeover of an exisitng shell company as a backdoor way to list.
Untill they lsit on a US exchange this will languisih in obscurity IMO.
I really hope management are 100% focused on getting a US listing fast while thrie still is a window of opportunnity. Would be a shame to drag feet on a listing and catch the next tech bear market which is surely coming.