Yes, the news is quite something. I wonder what will become of the old Oasis Diamonds, er..., Temoris, er... Glen Eagle once the money starts being allocated.
This has similarities with reverse merger shells, wouldn't you say? A rich but private concern uses a poor but public Company to channel its funds and becoming public more easily.
GER should be tradeable today, (still halted at this point) and investors reaction should be quick. IMO, warrants at .15 will become exerciseable soon...
Time will tell
go