TSXV:CLAS.H - Post by User
Comment by
kdog1caon Feb 28, 2021 2:12pm
198 Views
Post# 32681911
RE:RE:RE:split?
RE:RE:RE:split?Why would a reverse split be bad? How else are you going to take a 500M shares O/S company to the Nasdaq at this early developmental stage? Give your head a shake.
We are a minimum $200M Market Cap company right now as it stands - which is 40 cents on the Jr. Board - waaaay under Nasdaq listing requirements, and if we get back to 50M shares, we'll be a $4.00 Nasdaq Stock.
... and with a few good NR's on Phase 1 and Phase 2 out of Adelaide we'll be a $500M Market Cap company, or a $10 Nasdaq stock on a 10-1 reverse split.
Let's Go to the Big Board!
Geesh.. some people...