And in the vast majority of these petition request hearings, the custodianship is granted and usually effective immediately. So assuming the company planning to reverse merge is already assigned and they are only waiting to take custody of the shell, the new agent will likely issue news quickly once the status moves from revoked to active.
Point being, things will very possibly move quickly after that 18th hearing date, which is why I would make sure whatever holdings folks would like to have here, they grab quickly this week, because I think the panic buying will continue, forcing the price higher as this week progresses.
Happy Sunday to ya,
Neo
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