Replies to post #26676 on SNM Global Holdings (SNMN)

[mc6102]

News on the weekend is unlikely, but who knows.

As far as the TA doing the share reduction, it takes only a few days IF things are in order. It just depends on the TA, how busy they are, if they are missing anything (like that opinion letter), etc.

It's like going through the drive-through for a drink at McDonald's: it only takes a short time to go through the drive through and get it. Of course, that's if the person takes your order right away, the cups, lids, and straws are all where they're supposed to be, if they don't screw up the order and if there's no one else in line.

I don't think there's any reason some kind of update shouldn't come out for SNMN by next week since Troy TWEETED the opinion letter was in their hands already. Let's see if it actually does.

[mc6102]

I just called the TA for a more definitive answer. As expected, they said it takes them 24-72 hours if everything is in order.

Troy tweeted the TA had the opinion letter on the 8th and that's what they were waiting on.

So SNMN share cancellation SHOULD be completed by mid-week. That's what SHOULD happen.

Andyhighhat Friday, 02/10/17 03:34:15 PM
Re: mc6102 post# 26675
Post # of 26678

Anyone betting on some news over the weekend...? Just how long does it take for the TA to adjust the OS? Maybe 2 minutes after receiving the judge's order??? Anyone with insight into this TA adjustment???