Everyone's on the right track, but with a slight bump. There is a catch 22 in Lantis's situation. Lantis's money pot is nearing nothing, as we can all tell from the last quarterly. FINRA, although doesnt explicitly require a company to have x amount of capital at hand, will not let a company move up to a more credible exchange if there is a higher than usual risk of the company being insolvent. So, its not a matter of moving up to the BB that will create funding (no doubt it would do wonders for the s/p however), but Lantis must acquire funding first. I'm sure management, market makers, and lawyers are well aware of this and funding is being worked out to appease obviously the company and its shareholders, but also FINRA. Do not be suprised if we hear about a completion of a round of funding before we hear about a move to the BB. In my opinion the funding will be more refreshing than a move to the BB anyway.

As far as raising the capital, there are different options for the company, but I'm curious as to how a developmental stage company markets itself. With plenty of speculation in the air, however, there are investor tycoons that salivate at the risk and reward that Lantis can provide. The use of a rights offering would simply benefit the current shareholders, as we would have preemptive right to pick up any new shares issued at a discount before any other investors can, but I dont see this as viable because I dont think Lantis has the exposure they want yet. But what do I know, I'm sure management has the situation under control, and as you can see Lantis put out that informational webcast....perhaps warming the public up for a big announcement?