IMO, today's NR was stressing the need to get to the Nasdaq ASAP and why.
Exercised warrants put $$$ in the bank. Warrant overhang keeps the sp from rising.
Consolidation leads to a listing that gets all the $$$ in the bank and sp rises for many reasons...and fast.
Would be nice to see a meaningful NR before announcing the ratio, forcing shorts/warrant-holders to cover. Would help reduce the ratio.