It’s curious that the same day of DRWIQ upgrade off the Grey Market (12/17/2019) HFCL Limited, a public Indian Company listed on the The National Stock Exchange of India, announced the completion of the acquisition of DragonWave HFCL India Private Limited, a joint venture company from Dragonwave Pte. Singapore. http://www.hfcl.com/wp-content/uploads/2019/12/HFCL_STX_Announcement_17122019.pdf HFCL and Dragonwave X Canada have mutually agreed to cease the JV agreement dated 2010. http://www.hfcl.com/wp-content/uploads/2019/10/Outcome_BM_21102019.pdf