They got control of a shell that has $61 in assets and tons of liabilities. They paid nothing (gave up control of their equally worthless company).
Yes, $0 is a lot cheaper than going public. On the other hand, you get what you pay for.
Competing is intense among humans, and within a group, selfish individuals always win. But in contests between groups, groups of altruists always beat groups of selfish individuals. E. O. Wilson
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