Kingfish Holding Corp (fka KSSH)

[dippyfloppity]

I can't find anything on potential merger candidates or "soon to be" LOIs with such companies. Tight box, the only way to get any information is if you lived in Florida and were able to dig through the man's trash.

At any rate, the shell (blank check as they call it) seems that as a last resort would partner up with FFS.

From 10k:

It is anticipated that when the Company is analyzing the available alternatives, it will consider and evaluate a potential business combination with FFS, combined with a simultaneous funding transaction.

There are 2 negatives in our favor of that happening.
1) FFS needs contractual rights to purchase proprietary processing equipment to manufacture bio-fuels.
2) Requires financing assistance

In view of the number of significant uncertainties surrounding a possible transaction with FFS, the Company has determined not to negotiate any potential transaction with FFS at this time and will instead merely consider it as a potential alternative when seeking and evaluating other potential business combination opportunities.

Basically if NSSH can't find an ideal private company to merge with, they will have FFS as a backup, giving way for a huge uptrend potential here.