I have just been reading your post and grizzum you hit the nail on the head.
All of you have really done some excellent DD in a relative short period of time. Aggressive investigative work. You are all hired!
If this company wasn't profitable before and went thru a delisting. Isn't profitable now and has no cash. What would change to make it profitable?
Why would they want it? It could have a negative impact on the purchasing company.
With the buyout occurring the insiders were selling I gather?
For a Bailout, Press 'One', If you're a bank press 1, If a brokerage firm, press or say 2