The shareholder pays up front for a stock at a price they believe to be an excellent gamble. This is toxic financing similar to the work of S&L. We do not want it.

Nasdaq is required and needed when we legitimately reach $5 a share not through share manipulation that costs the shareholder % incremental changes that occur as the stock increases from .5 to 5.0. Dramatic % increases in this area are dramatically higher than the significantly lower % increases that occur when a stock rises higher and higher say from 5.0 to 6.0. Essentially, you are giving away the farm to be "a member of the NASDAQ".

This stock may be actually worth to an investor, $5-$6 a share upon completion of TX and pto. You are giving away several easily gained $'s per share out of your pocket. I have owned several companies that have accomplished this reverse split and I have lost $$ each and every time this has occured. You would raise the share right now  in a R/S 10 for 1 to 5.9. New investors would see 5.90 and say this is too risky now and the SP would go down, possibly dramatically. With a win in East TX the SP would rise to no more than $7.  The SP would then languish in this area for a long time. Current investors would never forget that all they got out of the deal was a $ or 2 on 1/10th. It is poisonous to any stock and is used by companies in dire situations.

We are not in dire situation, Cautious. This would be the most un cautious thing we could ever do.

The best and only way to get on the NASDAQ is to earn your way. Growth which will occur next year will push us over the threshold required to be a member of NASDAQ.

Regards