From what I know, there would be a totally new concept with a Pipeline of different products and of course a different Management, except a certain Person.
Money should not be a Problem from what I know but Money alone is not the solution. Based from my POV they are still in the Due-Dilligence process which involves legal questions but then as well questions with reference to the Balance sheet and the restructuring of the shares-structure.
For their benefit I have to say, that they are willing to spend rather a substantial amount of Money to at least get a hand on the outstanding Shares. This is rather a preventive move, nothing more.
The question is how they will finance the new-start up if and when a final decision is taken? It is not the Money I refer to it is through which vehicle. Further Dilution would not be the solution as they would punish themselves.
What has to be done: Once a decision is taken to go ahead, then First, get the Company back as reporting, then they will have to come out with the new Executive Summary covering all and answering all questions, restructure the balance-sheet (easy part) do a Reverse-Split of 50 to 1 (my take as an example) but then as well do the same with the authorized.
This would reduce the O/S to roughly 35 Mio shs. and the authorized to 60 Mio. The present cap. is $ 510.000.-- If they are willing to go ahead with the execution, I do not have a Problem to see a quick Revival that they could make 10 - 20 times (min) their Investment back, I mean we would be talking about a capitalisation of 5 to 10 Mio which certainly is not speculative.
If they go for it - and it is still a big if - then my take would be,that with the new pipeline of products and a totally different Kind of Profil, they could have the ways and means to become a strong Player in the market.
Until then, it is all speculation and if they put a stop on it, they will walk away with a lot of worthless Shares they have purchased and a write-off of maybe then 500.000 however in relation to their Money power not a big amount. I consider this adventure like entering a Marketing deal with a Team from the Football league. The first 2 years you throw Money out of the window, for testing: If you hit the Jackpot voila - if not, write it off and move on.
