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Re: RoRios2 post# 211

Wednesday, 06/07/2017 12:50:58 AM

Wednesday, June 07, 2017 12:50:58 AM

Post# of 3518
FTC approval and the cancelled BK hearing are 2 different issues.

No FTC news have been published so far, delays would hurt the stock.

The cancelled BK hearing was seemingly due to the limited objections being worked on by the parties w/o court intervention, as described in the filing. They may come back to court if they cannot resolve their issues -> mainly Oracle here.

Hence the RIP was surely unreasonable so far, hence the sell off.
I wouldn't be surprised if the gap gets closed tomorrow and stock falls back into the holding position trading range of 0.07 - 0.10. I actually hope that 7 cents will hold on this wild ride.

Maybe we receive news next week, that would still be early.
However, a better understanding about the payout value will be available on 7/14 the earliest, the bar date for private entities.

It is great to see that this stock is alive and we have a wide range of speculative prices here - don't buy too high IMO.