EFL seems to do the up-list in a hurry. These days if anything that is EV, lithium, graphite related, it take off. Look at those SPACs. When they merge with EV related companies, the sp just takes off. So this is the right time to go to Nasdaq from an investment point of view. The market is flooded with money and has a big appetite for any EV related share offering.
Althought it is pure speculation, I tend to agree that EFL might announce something big to drive the sp up. Afterall, it has no real "news" on revenue generation since July 23rd, 2020. They are due for some announcement. SP is very firm even in this no "real news" on revenue generation. If the share price is high enough, EFL might avoid a reverse split. I'll keep watching this with great interest.
Onlygame: EFL needs to capitalize the current condition as it might be a perfect storm. Hope they make it. Go big or go home. QTRH is a low risk stock these days so I will continue to hold.