RE:RE:“SOON” post has been re-posted by HUTI really think it was a mistake for Sue to suggest a US listing will come "soon". First, it creates an assumption that it will happen, when in fact this is not guaranteed.
Second, retail investors may then choose to invest in the company based solely on this "rumour". What if HUT doesn't get accepted to Nasdaq? Then the little guys who plowed money get screwed when the stock tanks, all because IR jumped the gun and gave the market misleading information.
It may not be criminal, but I feel it borders on being unethical.
The company should simply have said that it is exploring an uplisting to a US exchange, and that there will be no further comment until some material news develops. That's what BITF has done.
It's more professional, less speculative, and eliminates all this constant stress about 'when".