CLST Holdings Inc (CLHI)

[ChiefZ]

Per the IR, they filed with FINRA on 3/30. They also mentioned FINRA is very slow processing these actions due to the pandemic.

The annual report came out on 2/4. I am guessing TDS was a bit shell shocked at first when they saw what happened to the stock price. I'm assuming there was a deal in place with the company that they were trying to acquire with share compensation for the acquisition. Once they figured the RS went south they probably needed to get the lawyers involved if there were going to be changes to that agreement. I could easily see that taking 4 to 6 weeks to work through. Just my take and obviously I am still hoping for a better outcome.