Yes, but it doesn't change the fact that they don't have the money to get the listing, nor do they meet the minimum requirements yet (I think).
Furthermore, if we had a SRP then it all becomes academic, or at least a lot less dangerous for all of us depending on what it has in it.
The stock price could rise to $20, 30 or more on the venture exchange if the right deals are announced; the big boards are for companies that plan on being around for a while.