If the china company can't acquire enough shares during this process then the deal will not go through. However with no other real buyers right now, think that is a Long shot not being able to get enough. You can sell now and get the current price or hold and get another 0.05 (3.15) out of your shares.
Unfortunately, it looks right now a loss will occur for you if your average is over 3.15. the only chance of making $$ on it is to contact one of the law firms looking into a civil suit against them. i would call a couple firms and see what they say- just know you can not tender or sell your shares to have a possible case- you have to hold your shares until all litigation is done.
Last thing- to my knowledge, after the buyout is complete, the ticker GNOM will be no more and your current shares have no value in the new company- if you hold until the buyout is done they will force you into a 3.15 sell- sad I know. Best of luck to you and all!
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