Day Trading After Market Lounge 12 Jan, page-80

I know I could research this but I think I'm the only one here who doesn't know the answer so I'll just ask. Why is everyone convinced that SRT will have an acq ann out by the 15th? I'm guessing MW stated that at some time? I'm confused. I thought material announcements had to be made as soon as events occurred. So why did he pick this week? And is it a definite or could it be one of those cases where about mid-Jan could mean February 3rd?

Tell me, tell me, please, please and I may put it back on my watchlist.

I had some short term trades on it as RSL, sold at about .008 and never looked back once it hit .011 as I thought it seemed overpriced. Obviously many others saw something I didn't.

Thanks