That has to be the smartest thing I have seen. What people dont seem to understand is that the renegotiation filing was to respond to a clarification letter from the SEC on the 14c. The 2nd 8k was also to fix questions raised by the SEC in their letter. So yes it seems you are right you have some bozos running the deal and the changes...no the 8k does not have a bait and switch it creates a new company partly owned by GLER shareholders....as well the complexity could easily have raised flags with the SEC. But to me suspension for further review is not a huge suprise.
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