Antibe Therapeutics Inc(Pre-Merger) ATBPF

RE:RE:RE:RE:RE:RE:Uplisting to Nsadaq!!!

[Pragmatist]

Kusanation wrote: That is not even relative at this point though because they are not on NASDAQ. So hypothetically speaking, let's say the news comes back negative (which I highly doubt it will) or there is more delays (which I personally doubt as well) they wouldn't risk being delisted from NASDAQ as they arnt even on that exchange ? Companies do reverse splits when they are already on NASDAQ and have a share price under $1 USD for over 30 days. The reserve split would make their share price higher by number bust the value of each share would still be relative to what it was before. I can't see this going anywhere near $1 after the announcement as it will be well above IMO. Especially after a a buyer comes in and news of the up listing. I'd be holding this until the end of the year at least. Too many big moves coming from now until then to release your stock. Now is the time to hold and collect folks! GL! 

Generally two guidelines (in my view) for junior companies doing reverse splits when listing on major US exchanges. 1. to attain and maintain minimum Exchange  share price requirements(e.g $1 for x days) as Mano said,  2. To attract institutional investors, many who are precluded from, or choose not to, invest  in companies  with share prices less than $5.  If Antibe goes down this route, I suspect they will choose a reverse split ratio that gives then some breathing room above the $5 floor for institutional investors , but below a level which will still attracts speculators  ($7-$10.).