Tuesday, May 26, 2020 10:33:41 PM
But Brokers must have the new customer shares in hand (DTC, Transfer agent et al) in hand for retail to post and ask, and no MM is going to post and ask when know of the float is available yet, as that would be suicide shorting a stock with no shares to borrow.
So far no brokers have received those shares. Thus the reason for my speculation, as it has been 8 trading days now, 12 calendar days now with no new shares in our accounts.
My guess is they are
1) Changing transfer agents?
2) Holding up the shares, until the Ticker change? To reduce handling delays, and costs to shareholders and the company?
3) Holding them up till they are ready to publicly file the Merger paper work with Nevada, and the SEC S-1 or A-1 (S-1) filing which would support the share price in dollar land when trading resumes.
4) Working on last minute uplist details to Nasdaq (if I am right about that) before the shares are tradeable???
This is an almost historic, non routine thing $MILVD is doing, so what we are use to seeing, is not to be expected here, IMHO.
They have already gone beyond my expectations with a R/S, telling me they are way more ready for a big board uplist than even I thought.
All of my posts are strictly opinions and should not be considered to be facts, or investment advise. They are for entertainment purposes only.
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