Replies to post #8212 on George Foreman Enterprises Inc.(fka GFME)

[glenopto]

Is it possible the merger is close and that the 10K had information they couldn't reveal yet, Maybe we get the merger then the 10K and OTCQB status restored. IMO


$GFME

[PhilCheeze]

I actually have taken the time to think about what may be happening. First, if they are in the process of doing a reverse merger they need to file for a reverse merger with FINRA which would include a symbol change and potential uplist to the big boards. Now to go to mini Nasdaq where a homeclick would belong would call for 3:1 or 4:1 reverse split to be affectuated to meet the minimum requirement of
$1.00 per share. Second, if they are in the middle of this process it is the only reason FINRA and the SEC would allow them not to file the 10k for the shell company, instead they would want combined financials audited.

Let's hope this is why they have not filed and also have not lost their SEC reporting status thus far. It could get very interesting!

Cheers,
PC