RE:Message From POYDRAS CEO, Mr MacyGiven all the major accomplishments by Poydras this year, aswell as the fact that the management team has achieved every single commitment to shareholders. The message from Poydras is quite clear and positive. Poydras is not meant for the Venture exchange, just the news given during the call was enought to see that this team is too professional for the venture.
Poydras does 100% of it business in the US in US dollars! This would provide interest from local investors / Local tribes / Family friends / State funds etc. Our constant undervalued market cap is a sign of what the venture exchage can provide.
Our Board / Management team are well connected in the US market, they have only succeeded thus far.
as Macy stated to the Webinar, PYD can easily achieve 5000 machines in the next 2 years in oklahoma alone.
Riverfolk wrote: Below is the message from Mr. Macy on the Conference Call
"As we embark on the next stage of growth, underpinned by our restructured balance sheet and with multiple opportunitities in our developement pipeline. We want to support our share price and improve our liquidity by telling our company story in the largest equity market in the world, The United States.
To that end, the board has approved a resolution to pursue a listing on the OTC QX international, the top tier of the OTC markets. While maintaining a listing on the Venture Exchange.
While it is currently not easy for U.S based investors to buy TSXV stocks, The duel listing on the OTC QX will increase access to the U.S investment community. We feel that given our opporations are in the U.S, it is a natural fit to list there.
On our last call, I talked about our plans to attend the U.S LD Micro conference and our reception there was great, with overbooked day of meetings with interested investors. One consistent theme we heard was that they liked our business and appreciated our growth potential. Investing in TSXV stocks was difficult or outside of investment mandate.
We took that feedback to heart and are pursing the OTC QX listing in response. Later this year we plan to increase our outreach to the U.S market by attending more investment conferences aswell as outreach to more select regional brokers."