Why would he need a delay. He could still trade it and generate interest in the OTC. He gets no additional benefits. Not thinking its a delay at all...but if so, there remains a noteworthy amount of interest in ORIG here at current pps. The DRYS effect? Who knows.
Okay...looked again at the 6k from Monday. The 'set-up' is in place. The appeal of the Naz determination is because they plan to remain listed with their current shares.
If you look at what the Chapter 15 is saying, it's a debt for equity swap. They do their DRYS-like RS and have the markets run it up like they did with DRYS. It's all there in George's recent filings.
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