Ok, spoke to IR today. Here is the update. Upper Management of the Private company is anxious to close the merger asap as is TADF. It's not done yet. TADF needed to get the financing before the merger could be complete which is done. Back in Oct, Gerald(IR) went over the numbers with the 2 companies and they estimated that at 1 Times earnings, the new company from the merger would be worth .025 cents. At 2 times earnings, .05 cents and so on. From my experience, most stocks with earnings trade over 10 times earnings. So if/when the merger happens, we could be sitting on a fortune.
When? Well it was supposed to happen in October, but the financing delayed it. Now that TADF has recieved the first part of financing, they are anticipating/hoping it happens within 30 days, but could be a lot sooner.
That's all I got.
This could and probably will be a Halted stock to adjust the price the day it happens. IMO. Good LUck everyone, I think we have a WINNER!