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Gold/Mining/Energy : The Molybdenum Discussion Board -- Ignore unavailable to you. Want to Upgrade?


To: PayShhhhence who wrote (3079)11/17/2007 3:56:17 PM
From: chip  Read Replies (1) | Respond to of 3267
 
I'm not quite sure what the last part of this Q/A from the GPXM website is suggesting:

"Q: The OTBB exchange sucks. When can we move somewhere legit and what steps have been identified as necessary before a transition can occur?
A: Management recognizes the importance of migrating to senior trading platforms, and views the US and Canada as the two most desirable jurisdictions to do business in. The Company qualifies for the full Toronto Exchange (as opposed to the TSXV) and for the AMEX in all but our share price. The AMEX requires a minimum price of $2.00, which can either be accomplished through organic growth in value or through some form of business combination or consolidation event that would result in creation of that value. This is a primary focus of the Company, and the recent authorization for an additional 250MM shares has placed us with the flexibility to take advantage of the right opportunity as it presents itself over the coming year."

To me "consolidation event" more than suggests a reverse split, but does "the recent authorization for an additional 250MM shares has placed us with the flexibility to take advantage of the right opportunity as it presents itself over the coming year" suggest some kind of new venture?