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Total Economy: 0.04 USD
TAAL to be listed on a larger exchange in September? See photo and also this link: https://ceo.ca/taal?b5228fb907b6
Anyone know the cost of getting on NASDAQ?
benjamin replied:
Wish I could remember what it took back in 2014 when MARA uplisted. Back when they were a patent firm vs mining firm. Lost a lot on that (shouldn't have been in it and a string of inter-related corrupt companies). Thought it ran maybe $100k... for the fees, paperwork, etc. Maybe I'll dig up the 10Q and see if it had details...
benjamin replied:
Could be WAY off.
benjamin replied:
Also, don't forget the roughly $100k annual in sustaining fees. Uplisting can be great, but won't save an underperforming company...
I am gonna be pissed if this uplists to Nasdaq first. It’s entirely possible that Jerome aka Bonhomme leaked the Nasdaq details and jamming was putting a lid on the leak in response, calling Jerome a pumper and reducing the rumor to a TSX listing.
Larger exchanges will be good!
Does "@jamming" have any credibility / cite any thing particular? Or, just speculation on litigation resolution providing some validation / PR fodder for the chain and its correlated stocks? I read the comment, didn't see anything indicating an exchange uplisting... just thinking out loud?
liam replied:
He said he spoke to Matthew. I'm guessing the Matthew who is head of investor relations at TAAL. Though could be Stefan Matthews too. I've sent an email to Matthew to ask but so far no response.
benjamin tipped:
0.02 USD
1 year ago
musiq replied:
> I've sent an email to Matthew to ask but so far no response. Haha are they even supposed to respond to this type of question even if they were being listed?
benjamin tipped:
0.02 USD
1 year ago
seangray replied:
With the conversion of Calvin’s debentures behind us, the company now qualifies for an uplisting. They applied and hired auditors for that uplisting almost 8 months ago. We’ve only been eligible since the debentures were exercised. This brought our mcap above the qualifier minimum by about $15 million.
liam replied:
@musiq haha I have no idea, thought I would try asking anyway.
morpheus replied:
Answer: no. Trading on such knowledge (either a yes or no) would put both you and he at risk of insider trading.
morpheus replied:
It could also seriously harm the chances of getting that listing.
liam replied:
Thanks for your replies@morpheus. Makes sense. He replied but with quite a generic email in the end. So then given what you say, the message from@jamming we should take very lightly then.
morpheus replied:
Generic answer means he knows how to do his job, a good thing. :)