DOLV is an example it is being reverse merged by a Billion dollar company and everyone is waiting for FINRA to change its ticker symbol which can be any minute now any day...
But which, in fact, should have happened months ago. It's taking way too long; obviously FINRA sees problems.
FRFS appears to be a cleaner shell than DOL*V that has taken months to finally get cleaned up - for the purpose of completing a Reverse Merger by a Billion dollar foreign entity.
Referencing your conversation with ForReal (Post#7991):
This supposedly huge & profitable private company not only wants to go public in the U.S., but probably also wants to go onto an exchange...NASDAQ(same as DOL*V does) but that usually takes a year. They may be planning almost like an IPO due to a seasoning rule exception:
The seasoning rule (requirement for reverse merger to trade for 1 year prior to Nasdaq uplisting) can be bypassed if the company completes a firm commitment underwritten offering resulting in net proceeds to the company of at least $40 million.
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