RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Board UpdateUsually there are some requirements as to how much money you need to have in the treasury and how some of the money has been raised - prospectus, and some similar mumbo jumbo requiring investor participation. Operationally, Paul was pretty clear that they would not need to raise money through equity financing to satisfy working capital needs. If there are favorable loans out there or government programs to help get through Covid, sure, tap into and use those to accelerate or make things easier. Anyhow, I think the uplisting is the project for 2021 so a long way to go and we should see many things before then. If those things turn out to be great, we shouldn't care as much about the uplisting because the uplisting is not a guarantee for greater shareholder returns.
wilander wrote: It is my understanding that often, some financing is done before (or to get) uplisted to the indexes. Part of the process.
As far as I can see, that would be the only reason they would "need" to do it.
It is also why I do not think they will allow it to be done at firesale prices like it is at right now.