...We Welcome You To The Resverlogix HUB withIn The AGORACOM COMMUNITY!

** BETonMACE Phase 3 Cardio Outcomes Trial for Apabetalone Has Reached its Targeted 250 MACE Events ** Top-Line Data Expected Mid-Year 2019 https://clinicaltrials.gov/ct2/show/NCT02586155

Free
AGORACOM NEWS FLASH

BREAKING: Spyder Cannabis Announces Plans to Enter US Hemp Derived Market Through Rollout of Boutique Retail and Kiosk Stores

  • Newly Listed Spyder Cannabis $SPDR.ca Announces Phase 1 plan for locations in 4 states
  • Already an established Ontario retail operator
  • Partnering with developers & realtors for prime real estate high traffic areas (Malls, Sport Venues)

Spdr logo large

Hub On AGORACOM / Read Release

Message: Now that we're a small cap stock....

I messed things up a bit in my earlier post about Resverlogix attaining Small Cap status.

Less than $50 million is Nano Cap

Between $50 and $300 million is Micro Cap

Between $300 million and $2 billion is Small Cap

Between $2 billion and $10 billion is Mid Cap

$10 billion and up is Large Cap.

Lots of funds are capitalization specific,  and as a company moves up the ladder so to speak there are more and more funds that can consider it.  At $350 odd million USD we're at the lower end of the range, and we only attained this level back in June....so I don't think we're going to be seeing much in the way of institutional interest, if any, in the near term.  

But if we can at least maintain the small cap status thru to the end of September then I wouldn't be surprised to perhaps see some institutions willing to at least dip a toe in the 4th qtr of the year. 

Share
New Message
Please login to post a reply