Again, you are wrong. You claimed this:
"Once Cascade files it should take no more than a day or two for the the transaction to be cleared and show up in our accts"
From the thread, you claimed they needed "to file with DTCC". Again, incorrect. It will require a registration statement that will take a lot more than a day or two after they file. Months, at best, as it will have to go through the full SEC review process, which may not even be successful. Assuming they actually file anything. Since they are over a year delinquent with their SEC filings, there is little chance they will actually file a registration statement to register the shares for the transaction that haven't even bothered to announce.