The leap to ridiculous assumptions being made here is pretty funny, I have to admit. As for this 'merger' banter, don't expect this company to be a part of anything like that anytime soon.
The one (very) loose thread some of y'all are grasping at is one Victoria Rudman, and she's resigning her position (as well as several other key executive staff members). So now instead of serving two masters, she has all the time in the world to attend to matters at LCLP, as she should've been doing all along. Yay, she got the 10-K filed - positive step, there. Next let's see a revised company growth plan for going forward and a meaningful plan to address funding and continuing to pay down debts. Victoria may want to try to bring over some of those former executive staff members she worked with at the other company.
As it stands right now, LCLP runs like nothing more than a shell company. It's not merger material. It needs experienced people to turn it into something first . . . THEN maybe it'll have value and be an M&A target. All I see happening with this thing is the leftovers possibly regrouping here under Victoria's leadership and recreating something similar to what they had previously.
