RE:Discord thoughts? Marshal has stated numerous times he is personally against a reverse split. That said, today he did indicate that if there was a stock price per share requirement for an up-list all options, including a reverse split, would be evaluated.
Recognizing that a NAADAQ up-list is at best 2-3 years down the road the most likely exchange is the TSX. Here is the 2021 TSX Listing Guide. While they do address the amount of cash in treasury accounts and the minimum number of shares that must be held by the public, there is no mention of a minimum price per share.
https://www.tsx.com/ebooks/en/2021-guide-to-listing/24/ To quote George Gammon (YouTube macroeconomist): "There are no guarantees, only probabilities": Regarding a reverse split, I'd speculate the probability as "low” even with a TSX up-list.
Long101 wrote: As usual, there's little Marshall can tell us on the Discord forum, other than what we already know, but hearing him cover each topic in as much depth as posible always boosts my confidence in the company.
One concern I had was when he replied to a few questions about the possibility of a buyback, which in previous discussions sounded like the direction the company was leaning. However, I found myself feeling a bit concerned when he started tiptoeing around the topic of a reverse split. Anyone else have an opinion on that part of today's discussion?