I won't even bother to go into how wrong you are about the sustainability/justifiability of the current SP except to say that you self-evidently need to DYOR.
"this wouldnt be able to get a direct listing on the nasdaq, as it has no revenue."
You may wish to avail yourself of the Nasdaq Initial Listing Guide which can be found here:
https://listingcenter.nasdaq.com/assets/initialguide.pdf
The following extract (Pg 12) would be relevant to WBT. Apart from the bid price (which could easily be fixed tomorrow with a 1 for 2 consolidation), can you please identify the requirements with which WBT currently fails to comply?
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Last
$2.05 |
Change
-0.090(4.21%) |
Mkt cap ! $387.2M |
Open | High | Low | Value | Volume |
$2.11 | $2.14 | $2.03 | $948.3K | 457.0K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
6 | 28125 | $2.05 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$2.11 | 4886 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
6 | 28125 | 2.050 |
4 | 17153 | 2.040 |
4 | 19558 | 2.030 |
4 | 15794 | 2.020 |
2 | 5158 | 2.010 |
Price($) | Vol. | No. |
---|---|---|
2.110 | 4886 | 2 |
2.130 | 9333 | 1 |
2.140 | 29898 | 3 |
2.150 | 12345 | 2 |
2.160 | 12395 | 2 |
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