Replies to post #9111 on Unique Logistics International Inc (UNQL)

[Almost A Myth]

Just paperwork? Consider the amount of paperwork involved here that traders never see.

When a single filing shows up on OTC Markets, it represents volumes of paperwork. When the companies merging are on different continents, the paperwork is more involved. This deal has multiple companies merging, so that adds to the paperwork.

The new company has to compile all the financial data from all the merging parts, compose new filings, fill out multiple applications and submit all the paperwork to multiple agencies in two countries. It's not a "simple" undertaking. It's a very involved process. One filing is typically anywhere from 25 to 50 pages. How many filings are we expecting here? I can guarantee it's more than 1.

Plus we're in the middle of the major holidays....vacations and sick days are up, hours of operation for the various involved agencies are down, and market activity is very high.