It IS unbelievable
The company just told the world, in the latest 8K report, that the shares are definitely going to be cancelled, but the stock jumps on on the 'good news'.
It just goes to show that large parts of the retail market do NOT read any of the reports.
As a side note, anyone still holding ACIIQ should use this opportunity as a 'gift' to get something for the shares before they stop trading.
The only slim hope that the trading does not stop this weekend is that there is an appeal (not very likely) or a delay with some of the documents discussed in the 8K report being filed. (The effective date will not be until and after the documents are filed.)
In any case, at some point soon, the stock will stock trading and the shares cancelled.
Louis J. Desy Jr.
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