ToInv..."KBC your reply got me thinking about another of Don's Comments from the AGM (based on masila's notes).

"Regarding the IPO on Nasdaq, I’ve said in the past I would never do another TSX listing – well, I’m looking at a TSX listing. One reason is that some resource companies that are not faring too well. I’m thinking that we might do a reverse takeover of one of these companies who might already have a Nasdaq listing. We’re still working on these angles to determine how viable that would be. My lawyer hasn’t even heard about this."

That's just their particular lawyer I think. Reverse takeovers are common.

BNN: Why companies choose the reverse takeover route

Fri, Jun 26, 2015 - 10:10 AM
So far this year, 11% of new listings filed on the TSX Venture have debuted through a reverse takeover. RTOs have been viewed as a cost-effective option for early-stage companies. BNN analyzes the advantages and challenges of RTOs from a legal point-of-view with Krisztián Tóth, Partner, Fasken Martineau. Why do companies take the RTO route?"

http://www.bnn.ca/Video/player.aspx?vid=644583

Hard to know what will happen or when regarding an IPO or public listing, Canada or US. I'm sure Don will figure out what makes the most sense.