Based on our analysis of the current condition of the market and our experience in meeting with individuals and institutional investors over the past few years , the Company"s  Board and management team believes that it is in the Company's best interest to apply to list the Common Shares on the NASDQ Capital Market while maintaining our listing on the TSX Venture exchange. In order to do so the Company's  Common Shares must achieve a bid price per Common Share of at least US $4.00 at the time of listing.

In my mind that would be approx $6.00 cdn. If we are at $1.40 now we need another $4.60 cdn to arrive at  $6.00 cdn which translate to approx $4..00 US. 

My guess 5:1 should get us to the desired price. Any observations?