If someone is expecting to see a reference to “cancellation” in that document, they won’t. The cancellation is a byproduct of the conclusion of the proceedings in the US. It’s the last thing that happens.
So why are people asking for something that wouldn’t be there to begin with? If someone wants to believe that everything is going to be all hunky dory for shareholders because there is no link or reference to “cancellation” up to this point they are welcome to. But it is a false sense of security. There will be little to no warning when the actual “link” shows up in the dailylist.
For most there is very little to “misinterpret” in what PwC is saying in the 10th Monitors Report....certainly for shareholders in BIOAQ. There is absolutely nothing coming to them.
The only value the stock has is what someone is currently willing to pay for it in the open market since it is still trading.
However, whether the SEC suspends for delinquency and revokes the registration or the Delaware Court concludes its activities first when the proceedings move back there...the result is the same. 100% loss of capital for those still holding at that time.
In the meantime...it will trade...on false hopes.
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