HDUP released a PR in August 2020 promising an acquisition. The LOI for the acquisition was signed on or before September 4, 2020. That's over 5 months ago.
Mark Hutchinson was announced as CBDO on October 27, 2020, which is 4 months ago.
Doug Wilson was announced as CEO on November 16, 2020, which is over 3 months.
The september 4, 2020 press release promised:
The LOI outlines a three-step due diligence process that is expected to be completed within 30-45 days resulting in the Closing of the Definitive Agreement in October.
Did the definitive agreement close in October?
$HDUP has new executives and they've been working on this for just about 2 months.
I think we'll see something soon, no idea as to the timing but it will happen, imo