If I had to guess based on what I have read and studied from other similar situations, they have submitted to FINRA multiple times and it was rejected. They have now resolved all issues and the paperwork is completed and most likely has been given some type of unofficial approval which means the turnaround time will be significantly reduced.
From what I can put together, based on my previous experience and talking with individuals in similar situations in the past, it is possible there is a series of events that are loosely or directly connected that get triggered when just one of those task is completed.
I’m imagining there may be some events (for example event 9) that are time related that they are not fully ready to move forward with so they can’t do event 2 even tho it’s completed because it starts a clock running on when they need to do event 9.
In reading about people who have experience with a public reverse merger I find many of their future events or announcements had impacts beyond what investors were aware or would even know about.
Unfortunately DryWorld can’t (and refuses) communicate regarding these events publicly or privately so all we can do is try to learn from outside sources, research, and honestly just wait.
We have mostly been looking at all these announcements etc as single events unconnected but it seems these reverse mergers are heavily interconnected with future events unrelated to the actual merger (which is completed) but critical to the businesses operation, funding, and future growth.
I do believe we are close and I do believe once they see a clear path forward with no remaining obstacles and they believe they are ready and prepared to face the onslaught of orders and demands for their products, they will pull the pin and start the news bombs dropping.
We can theorize as to what events are completed and ready for submission and approval and what events have time restrictions and and are not ready.
For me personally, the worst thing that could happen is to announce the e-commerce store and get overwhelmed with orders and not be able to fulfill them in a timely fashion.
So much more in play here beyond the shares being issued and team kits or endorsements. They have to be 100% ready for every possible situation and a viable contingent has to be developed and ready to be implemented.
The more I study the more I realize the complexity and work involved in getting this legally correct, able to pass any future audit, all while working in the background to land contracts, production agreements, building inventory, and working through compliance issues with foreign governments. All the above is just the big obvious task not to mention the more intricate task that are required to run a International manufacturing and retail company.
Just my thoughts on where we are. Like I said, I know as little as the next guy but this is my best guess.
AI
