The company knows what has been bet against them from information we are not privvy to. What they did doesn't benefit them in any way that I can see unless they have positions under 10% of the outstanding? Start the process quicker possibly? They should've let traders that didn't want to sit it out to take what the market would offer but whatever.
We all know market makers go long and short to make a market. Are the positions against the co so great that laho insiders see an opportunity to lock them into something that could punish and benefit current holders?
Very interesting to follow and see how this actually plays out.
If Gscg is truly valued at what they say it is any entity that betted against laho in a meaningful way might get a nasty surprise if this trades again.
Very interesting and if anyone knows of this happening before please share.
I am not a short I was an investor just like you unfortunately my thoughts are the two companies will merge without us shareholders. At this point of course I hope you are correct and I am wrong I just don’t see the real benefit in the companies going through all the legal rhetoric to be a tradable company again. LAHO has maxed out the Authorized shares so they got what they needed, money.
News 
Market Data 
Discover 
AI
