Gifa Inc (GIFX)

[Themistocles_I]

Doesn't anyone pay attention to the SEC forms and other important articles provided?

1. Apple isn't reverse merging into the exchange. It's already there, so that's a non-issue.

2. It's possible that Aul is waiting for Q4 financials to be filed and audited because... Form 8-K Item 9.01 requires a company to have two years of audited financials in order to merge. Take note, I said "possibility". 2018 is over and done with, the fiscal year ended for Gifa on 12/31/18, and all that's left is the Q4 to be filed. Everything else is done.

3. Another "possibility" is that he's waiting because of the government shutdown, and is doing so as a precautionary measure of some sort. If he's holding back for that reason, I don't know what that reason is.

4. Then we have this "possibility".
“People typically go out in early January with IPOs because if you price after Feb. 14, you need your audit for 2018,” said David Goldschmidt, global head of capital markets at Skadden Arps Slate Meagher & Flom LLP. “The window to price by Feb. 14 is closing and if people aren’t able to do their deals by then there’s a chance we could lose a good part of the first quarter for IPOs.”

https://www.bloomberg.com/news/articles/2019-01-08/shutdown-sort-of-maybe-might-delay-m-a-deals-companies-warn