Aluf Holdings Inc (AHIX)

[Maria56]

Here's what I don't get:
1. The merger agreement has a provision for closing the merger before the lawsuit was settled. So, why the delay completing the merger?
2. According to nmcourts.com, the lawsuit was settled a month and a half ago. There may have been documents to finalize the settlement, but the parties reached an agreement in August. So, why the delay in producing a PR about the settlement?
3. If for some reason they really couldn't finalize the merger until they settled the lawsuit, why not finish the merger while waiting to announce the settlement? Wouldn't it make more sense to make the necessary filings in Nevada and New York, complete the merger, and announce the merger and the settlement AT THE SAME TIME when investors have waited this long anyway?
4. The third quarter ends in a week. Core Wafer Systems pro forma revenue projections for 2012 were $12 MILLION! There have been no announcements of any contracts (other than the $120,000 in consulting fees. HA!) Surely they weren't waiting until a 15.8% ownership issue was settled to make some money. Isn't 84.2% of SOMETHING better than 100% of NOTHING?

The settlement documents apparently included non-disclosure agreements, so "none" of us know to what they actually agreed (or the cost of it); do I really have to point out that there is no real proof that ANYTHING has actually changed?

No merger. No contracts. And, btw, where is the COB these days? Why isn't General Thomas P. Stafford over the moon about this exciting revelation?