one of the things I had asked Paul Hata was regarding changing the ticket symbol. He replied that there was no intention of changing ticket symbol at this time. From an email exchange on Dec 19.
“ We are waiting for the approval of the OTC to bring SFIO current. Hopefully, we will receive approval by the end of the year. We do not plan to change the ticker symbol.”
That is all +ve sign and good news. You and I were the first people here before most appeared. So we are on the same page.
But fyi- a merger is confirmed only after filing of an 8K. A PR and other info have no legal standing.
SFIO had announced an earlier merger and to go current in Sept 2019. See link below. This is just an example that a PR can be released but that is not conclusive of a merger. Only an 8K filing is conclusive.
I am very optimistic about this one because of Serverbank's involvement. I will keep an eye on it and will get back in once they start filing or maybe after an 8K is filed-at a much higher pps of course :-(
It is possible that they had the filings ready but found something and had to update/edit them. But they can be transparent and tell it as it is.
As I said I lost in 6 figures $$ in RET*** and I didn't want to be in a situation to lose a big chunk again if the merger is facing any issue. I would rather wait and pay higher pps once it unfolds.
NOTE: I don't post after I have sold and I won't post here either. I am just replying to 10Baggers msg
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