Hi Knife, we're all entitled to our guesses and to our hopes, so I'll offer you my bunch of guesses:
1. I think there'll be a slight delay from the February 15 timeframe that was imbedded in the 10K, as legalities always take longer than expected.
2. Given that the initial 8K regarding the PLY negotiations was issued after the market-close on a Friday afternoon, I'm guessing we'll see the announcement a week from today, February 17, after the market has closed.
3. I will guess that there will be a "dual-purpose" 8K covering both the details of the transaction with PLY and the earnings for the second fiscal quarter.
4. It is highly likely that the earnings report will be mostly irrelevant, given the transaction with PLY. I'll predict a slightly less than breakeven quarter, as VHUB already has stated that the second fiscal quarter is the seasonal low point, coupled with heavy legal expenses hitting the books due to the PLY transaction and also due to the litigation in which VHUB is the plaintiff. Again, I think that the earnings report will become irrelevant in the larger picture of the transaction.
5. We all read in the December 30 8K that the transaction is expected to be phrased as the acquisition of VHUB's assets. Yet, I do agree with some opinions in this board that in the end PLY will wind up converting from an LLC to a publicly held company, utilizing the corporate form of VHUB to get that accomplished. I'm not that bright to figure out how to walk to a reverse merger (in effect) from an asset acquisition, but fortunately I'm not running this show.
6. VHUB stock will keep on trading for between a few weeks to a few months after the upcoming 8K has been released as it takes time to get things done, and the stock will sell at a discount to what the deal will be worth to VHUB shareholders. Some folks on this board will reap the resultant arbitrage profits, while others will take the money and run, not wanting to risk the deal collapsing.
7. Overall, I just can't picture why Kyle and friends would take anything less than seven cents per share for VHUB stock, but then again I can't picture why the stock is currently trading as low as it has been...just based on the sales and earnings history, even without regard to the transaction with PLY.
8. As I had mentioned awhile ago, I think that the litigation in which VHUB is the plaintiff will be settled "on the courthouse steps" next week, as VHUB's folks don't have the time to mess with this and the defendant company will just threaten bankruptcy if VHUB prevails in litigation.
Again, everything in this post is pure guess on my part, perhaps with some pieces being more intelligent guesses than others, and I wish everyone well here.
