BDAZ - It is my understanding that a company that gets listed on the NASDAQ has to go through a 30 day quiet period where they can not promote the company. Can someone confirm this or correct me please. The US listing as stated in your attached release was expected as the BETonMACE trial was to be wrapped up by the end of 2018. The trial is wrapping up now, nine months later. If I'm correct in the quiet period time line it would be insane for a company to bring out pivotal news during this quiet period. We have had discussions on this board around the timing of a US listing and this quiet period that they would have to go through in the past. The quiet period was also talked about at one of the past AGM's as well.
I know this may not be the popular thought here but, was the share consolidation idea actually put forward in order that we would have a consolidation and then recapitalization (share issue) in the event that BETonMACE did not pass statistically significantly?
Hoping that I am dead wrong in that possibility, are we going to see this consolidation wording in our notice of meeting in the next month? And for the same reason?
Just trying to cover all of the bases.
tada