I think there may be a misconception that CSDT was the original company that was going to buy all of FRTD. Based on the PR wording, it was most likely a different company.
"On May 18, 2014, the company had entered into an LOI with a fully reporting OTCQB company, to be acquired in its entirety through a share-for-share acquisition. Unfortunately, with the recent trading suspension by the SEC, the LOI was rescinded until such time as Fortitude completes an updated 15c211."