Friday, June 10, 2016 4:03:47 AM
A solid company would mention it in the latest Q.
They could also file a 8-k or pre filing to let shareholders know about the plan or let them vote.
If there would be a merger, it´s very likely the reverse split and name change would happen at the same time.
But here the name is still Harmonic Energy Inc after the reverse split!
Why should they split the stock and wait for the name change? This process is complicated, you don´t apply for reverse split and then again for name change with Finra.
This transaction needs approval and is complicated (paperwork), it takes time.
Probably the fees are also higher if they don´t do it at the same time.
Makes no sense if this merger is going to happen and close to wait with the name change.
There is still no name change on NVSOS. That´s the first thing you get if there is a merger and not a reverse split.
Why do you hope for a pr instead of a filing and name change? Is the plan, to pump the stock with a pr like it happened with GTSO?
http://www.businesswire.com/news/home/20110718005569/en/GTSO-Signs-Option-Acquire-Cutting-Edge-Resource-Recovery
And btw a solid company doesn´t care if they make an annoucement on Friday, because they do it to inform shareholders and not to pump the stock.
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