You own shares in a private company. According to Orie they are going to clean up the COHO shell by attaching one of the subsidiaries to it, and providing 2 years of financials with the form 10. He says it will pay a dividend on your shares of the private company, which would be based on how much you own. It will not be much money if it's actually paid. His plan is to have the financials done in a few weeks, which would put them on track to have the form 10 become effective in about 90 days. At that point the ticker could be listed again with the shares you own, and then the failed reverse merger would go through, and COHO would most likely become TKIU.
I don't know how likely this all is, but there does seem to be some motivation from the parties to make it happen. I don't know why, and it makes me trust the new company less.
If it all happens, I will be selling the few shares I have left as soon as I can. Holding them from there will just be a gamble.
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