It sure looks like the entity LCLP is going to be acquired by someone, thus the attention to filings and getting current. The vast majority of shares is being held at the DTC, ready for a transfer to a new owner.
There are only 42M shares floating, but a lot of "air" shares seem to be around, meaning MM's are conjuring up shares to sell and trade without actually having them. These will have to be settled eventually (by buying them).
As far as a merger, I don't know where that rumor came from. It's possible I suppose, but the information would never be leaked out, that would be criminal, without a formal 8K announcement.
I think there is a VERY good chance that LCLP will be acquired by an MJ company, or become a subsidiary of Kalytera. As there is always a tax reason to have more than one entity associated with a business. This is purely speculative of course. I have no inside information :)
Sometimes the signs are right in front of you though. Just like *RSHN that had directors associated with *POTN. We have a very similar situation here (with a lot less shares than *RSHN)
I think it is very possible for LCLP to reach the .02-.05 range if events progress as they appear to be progressing.
Doesn't happen overnight, but I'm sure holders of *RSHN were happy to wait a couple months for their 1000% gains (and climbing).
GL
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