IM Cannabis Corp C.IMCC

From Today's News....

[steveM45]

"We believe our efforts to list on the NASDAQ Capital Market ("NASDAQ") are on track to be finalized in Q1 2021...."

Just a matter of a few weeks.

[Adwari]

One of the requirements to list on NASDAQ is $3 minimum bid price of the company stock. Currently IMCC is trading way below that.  Are they going to consolidate the current shares outstanding to achieve this?

[steveM45]

Correct.  They did disclose that they are looking into the potential of a consolidation in order to uplist.  At $2.5, I wouldn't say they are 'way below'.  $3 could happen naturally in the weeks ahead. I'm more interested in volume than price at this point.  When volume comes in, it's getting closer to go time. GL

[Badtrader2008]

I'm not to concerned about possible share consolidation as it proportionally will remain the same value provided that imcc dosent bring in any future share dilution in the near to mid term future. Notice how there hasn't been any PR since November? I Speculate it's by design until after the Stock gets up listed on the NASDAQ. Then Boom watch the Pr machine hit stride. Keep in Mind Too

[whisky11]

[randomtask]

What an embarrassment this clown is.