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Friday, August 30, 2019 11:44:34 AM
FINRA--"Be Wary of Announcements Regarding FINRA "Approval" of a Corporate Action"
"Companies undergoing a corporate action often issue a press release or other communication, such as a tweet or other social media post, to provide details of the change. For instance, a company might announce a new corporate name that reflects a change in product lines or business focus. However, in the past, some companies have used these publications to suggest that FINRA has somehow "approved" a corporate action or that a corporate action will be effective once FINRA approves it. To clarify, this is not the case: FINRA does not approve corporate actions."
https://www.finra.org/investors/insights/corporate-actions-public-companies-what-you-should-know
IMO Eddie's still stalling. Notice he just gave himself ANOTHER MONTH in this PR. Next he will announce FINRA didn't approve the change and he'll start the clock over again. He's already setting them up to blame his next delay on.
This self imposed requirement by his mystery merger partner to change the ticker symbol before finalizing the deal is utter B.S. No one puts business on hold or delays an announcement that everyone believes will cause the stock to rocket higher. If this deal is going to happen then do it already.
My "opinion" is as valid as your "hearsay"
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