IMO there's no chance of a swift merger. I don't know what's going on in the background but I think it's more likely being approached as "how long can we reasonably delay SEC inspection" vs "how quickly can we get this merger done, hire some people, get an office, and grow this business."

The body of delays are not coincidental. This business is stuck in the mud formerly spinning it's wheels without much real effort to escape, now just sitting there ringing up anonymous debt.

The release of financials will be a pivotal moment for me.