I would love to see an uplisting tomorrow. It should have been done a long time ago. But, obviously, there are some big questions that need to be answered first. Otherwise, you really have no idea what you are buying. However - I think that somewhere around the end of Q3 next year is totally realistic and, in the context of this conservatorship, is not that far away. Between now and then we should know what the pre offering ERCF is going to be (they better start now on the notice) and their intent concerning the treatment of the seniors and juniors as well as other issues.
The one thing we know is that the midterms are coming in less than a year and the uncertainty of the outcome will help push the process along. We have a lot of pigs at the trough that need to be fed before then - including us. But we clearly and unambiguously need to go through the resolution process before an uplist. If we have to wait another 10 months or so at this point to get our max price - what's the problem?
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