Just some clarification information!
$Rail Vision(RVSN.US$ First i see talk that if it drops below a dollar for 30 days it would have to delist or R/S! True but lets put some context for newer traders! If it would get a notice that they were not in compliance? At that point they get 180 days! And if needed most times a company can appeal and get a additional 180 day extension if needed! But lets just go with no appeal! So it first has to trade under a dollar for 30 consecutive days! Now the delist notice comes! Im not going deeper! But i will say this! the absolute MINIMUM time before a reverse split would be ( mandatory ) would be November! In the meantime im watching for this. (((((( If the pilot project proves successful, Rail Vision and Loram will explore opportunities to expand their collaboration, potentially integrating Rail Vision's innovative solutions into Loram's service offerings across the United States. This strategic partnership highlights the potential for Rail Vision's technology to make a significant impact on the railway industry's safety and efficiency standards. Watch the full interview for more insights into Rail Vision's recent developments and its vision for the future of rail transportation. )))))) GL
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more
Comment
Sign in to post a comment
Jaguar8 : Yup. They should learn the steps in the process and not automatically delists
Nate M63862 : people act like delisting is instant. thank you for you critical thinking skills!
TrytosaveabitOP Jaguar8: Yup! The gist of what I was reading was actually correct! But without context it can really scare a beginner into selling thinking OMG I gonna lose it all! It so close to going under a dollar? And if it does it will be made to delist! Hehehe! Well yes and no! Need context! Hehehe and I felt obligated to give context? Hehehe. Don’t know why I stick my nose in? Grrrrr! Hehehe
TrytosaveabitOP Nate M63862: You’re very welcome! GL and big profits to ya
Frazmoo TrytosaveabitOP: I appreciate both you @Trytosaveabit and @Jaguar8 for the insight and news y’all bring for all of us. Just wanted yall to know
Awry : Going to their historical low when company is sharing partnerships isn’t making sense to me. They also share good news when it is not on SSR like yesterday or potentially tomorrow. And institutions are buying warrants for the loss? Or they dilute stocks when they are close to dropping below $1 and put themselves to delist possibility? Something isn’t right
TrytosaveabitOP Frazmoo: Thanks! And you’re welcome!
Jaguar8 Awry: With their series of contracts, I believe they are confident they can reach the minimum. Besides, they will be give 180 days for compliance and they have for sure plotted out their one year projects in their pipeline aside from possible other contracts. I don’t really try to overthink much of this.
TrytosaveabitOP Awry: Without going to deep! The dilution is much better to get money for operations than it would be going into debt to get the money! And doing it now along with purchasing warrants at a loss! All that tells me they think or know that good things are coming to push price back up! So short term offering hurt share price! But long term it is way better on the balance sheet! A few other reasons but to long to explain! But I do see what you’re saying and on the surface looks hinky/bad! GL and big profits to ya