Most likely a ticker change will follow but there is simply no excuse for the lack of communication. Luckily I'm riding free shares; however, it doesn't relieve my frustration.
By the way, I posed the same question about the potential connection between the two Chic's sometime ago but at that point everyone was in for the quick flip and couldn't care less. My DD tells me they share nothing more than a name, and furthermore I believe it was a clever attempt by MUTM to capitalize on the ignorant (myself included) that wouldn't take the time to research the difference.
Bottom line. Those holding shares here are screwed, for now. You have two options.
1) Cut your losses and move on
2) Sit tight and wait for "the pump" to happen. (Could be months)
I'll wait but IMO they are diluting and it will hit 0001. Still, I expect them to eventually put out some fluffy spew PR that will bring buyers in. Take that opportunity to minimize your losses and sell. MUTM is junk, junk, junk and management has done NOTHING to dispute it.
Good luck!
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