CRQE shares are the funding-source for the privately held Cirque Energy II LLC. Once the shares are maxed out (900M), there will have to be a reverse split. Then, CE II LLC MAY contemplate merging -- but really, would you if you were the private owners of CE II LLC?
Best bet here for longs is to wait for CRQE to put out another PR about signing a contract to provide power to another obscure place (never to be heard of again), then on the run-up to $.01, sell into the run. Later, after the reverse split (if the split is not just to run up shares again for more funds) and an actual merger, then buy in for the run-up.
