Fink:
I can easily see this taken a month or longer. Once the swap announcement is made public, they will have to give at least 2 weeks for people to make inquiries, decide, get doc's and execute.
Then once a cut-off date is reached, the attorney and T/A's will need to tally up the amount of shares tendered. (side note: Would be funny if 2 billion shares were tendered).
Then figure another week for the attorney and t/a to do their thing.
On the merger, I know you are pinkie vet, so with any change of shell ownership, a new disclosure statement and articles of incorporation are filed. The disclosure statement either contains or is accompanied by financials. The only thought I have is Owens is waiting for the audited financials to use. As I posted on the Q thread some time ago, audits range from 6-12 weeks to complete. As Centa is a first time audit, probably on the longer side of the time line.
But if you want something to chew on, I find it highly unusual that Jeff, as CEO, is not on the BOD. I have never seen a CEO not on the BOD. I could speculate that once the swap is done, Jeff goes back to doing what he was doing before.
