Compliance date is Sept. 28, 2021... IF the noteholders pull their heads out of their backsides, they can still find ways to run $BLUU one more time before the deadline, giving them all an opportunity to get their money out.
If the noteholders continue being stubborn, none of them will get their money back. Doesn't seem logical, but no one has ever claimed that noteholders are logical.
$BLUU is still a lotto ticket, but with about the same odds as a lotto ticket now.
It’s all about compliance. Get current as a pinky and your back in is what I’m being told. With a shell in progress to merge I’m surprised that this isn’t still a stock still able to purchase. I guess they make up their own rules.