Re: Last hour.....
in response to
by
posted on
Jun 01, 2019 07:24AM
GAC — I tend to agree. For some reason I had it in my head that obtaining a Nasdaq listing would take far longer than actually seems the case (based on your last post). If they raise enough cash with the PO and pay off the Third Eye loan straight away then that would positively impact the SP in a way that would also support Nasdaq’s listing requirements.
A couple of questions. If they get a Nasdaq listing is there a trading hold period? Second, would they have to announce the listing in advance of knowing the trial results?? I’m just not sure if there could be an ethical consideration of knowing that the trial result is positive at the time of announcing the listing. Conversely, they announce a listing prior to knowing the trial result, then if the trial result is negative then the listing is likely much ado about nothing. So what I’m wondering is, how might this actually play out? Announce both at the same time??