Replies to post #56387 on Lans Holdings Inc (fka LAHO)

[TenKay]

Revocation will not happen in the next 9 days. The process takes longer...even when the company has accepted it.

It will open on the grey market on Sept. 20.

[dragon52]

If LAHO is revoked, that would mean all classes of stock issued are revoked and void. You cannot trade, shorts that sold win.

At this point LAHO is a private company and no longer public since they do not trade over the markets.

Now, if LAHO reapplies for a new CUSIP and reissues shares, this will turn everything upside down.

LAHO reissues shares, the existing shareholders are given new shares, under a new CUSIP and possibly a new name.

There would no short position since they went out with the old shares.
Merger occurs... Shares immediately jumps forward on new valuation. No shorts since merger can now be timed with everything that needs to be done. 180 days max time... or less, depending on future actions.