COBI is very likely to be promoted some time very soon . This link below is often referred to as a super 8k. Now a super 8k is Just a more detailed 8k that goes in depth about the Company rather than just announcing a single material event.
Now Super 8k are quite often filed Just prior to Promotions.
This 8k was filed today april 12th.
A person really needs to keep a close eye and perhaps even pick up a few shares now just in case it doesnt decline before it is promoted COBI is at .12 currently