Sorry if this has been asked before, but when are they supposed to be uplisted by Nasdaq?HoustonAggie37713 said:
It's already ABT. The new symbol will be ABTC after the Nasdaq uplist. Again last night on CNBC they discussed it as having "way more room to run".
On BMIX I am happy with my 5 million shares. They have put out nothing but more good news. As a penny stock they will get pushed around until revenue shows up or they are acquired.
ea1060 said:Sorry if this has been asked before, but when are they supposed to be uplisted by Nasdaq?HoustonAggie37713 said:
It's already ABT. The new symbol will be ABTC after the Nasdaq uplist. Again last night on CNBC they discussed it as having "way more room to run".
On BMIX I am happy with my 5 million shares. They have put out nothing but more good news. As a penny stock they will get pushed around until revenue shows up or they are acquired.
03_Aggie said:ea1060 said:Sorry if this has been asked before, but when are they supposed to be uplisted by Nasdaq?HoustonAggie37713 said:
It's already ABT. The new symbol will be ABTC after the Nasdaq uplist. Again last night on CNBC they discussed it as having "way more room to run".
On BMIX I am happy with my 5 million shares. They have put out nothing but more good news. As a penny stock they will get pushed around until revenue shows up or they are acquired.
There are listing standards and they haven't met them yet. The recent run up and, seemingly corresponding increase in social media chatter, is probably an attempt to get it to $4/share. Which I believe is a listing requirement.
HoustonAggie37713 said:
(1) (A) Minimum bid price of $4 per share; or
(B) Minimum closing price of $3 per share, if the Company meets the requirements of the Equity or Net Income Standards under Rules 5505(b)(1) or (b)(3), or of $2 per share, if the Company meets the requirements of the Market Value of Listed Securities Standard under Rule 5505(b)(2), provided that in either case the Company must also demonstrate that it has net tangible assets (i.e., total assets less intangible assets and liabilities) in excess of $2 million, if the issuer has been in continuous operation for at least three years; or net tangible assets in excess of $5 million, if the issuer has been in continuous operation for less than three years; or average revenue of at least $6 million for the last three years. A security must meet the applicable closing price requirement for at least five consecutive business days prior to approval.
I'm not sure what you're talking about. They literally blow every requirement out of the water exponentially. It's the ors that are confusing. The CEO said they qualified in a video.
That's what the 37 pages of this thread are saying.My Name Is Judge said:
So is the consensus here abml keeps growing?
Or did I miss the boat?
That hurts.......HoustonAggie37713 said:
The main reason is will take a while to get to dollar levels is the logistics of its financial structure. It's a penny stock that is held mostly by degenerate gamblers at this point. The float is heavy. The CEO is paid on stock so he will sell on bounces.
That being said, if you are someone looking to flip a quick buck it will have another big run to $.07-$.08 soon and you can dump it if that's your plan.
I'm not a part of the penny stock phenomenon, I'm all in on lithium plays. They just happen to overlap here. You started to see lots of penny stocks fall this week. It won't end pretty. Never does.