Timing the release of news is an art. In the past there have been opinions that good news is wasted in a bad market. And to my way of thinking a bad market can be extended to being on an exchange that is associated with day trading of penny stocks.
I am of the opinion that the best way to prepare for a NASDAQ listing and minimize the R/S ratio is to release news which the market can’t ignore. And at this point in time there is probably a lot of really great news that would make a CFO smile and provide the basis for comments like 2021 is going to be a huge year for POET.
I think that there is likely some really significant news that could lift the share price pre NASDAQ to levels where an R/S ratio of 2 for 1 could meet the pricing objective of the large institutions who need a high enough price to make large purchases of stock.
Maybe part of the heavy lifting to get POET to the price point needed can be achieved on the NASDAQ by funds which do not require prices well above the minimum listing price? I don’t know but the fact that the 1 for 2 ratio exists on the proxy is telling us that there are options to get to the price point needed for the big guns to take a position.