Agree!. Whoever was trying to close the deal on this needed to do their homework. Something was really wrong with this acquistition. Something wasn't right about the numbers. Sounds like this woman was keeping two sets of books.
The reason for doing this kinda of acquistion, is to get to the cash that company would have on the books. It would only have this if it were profitable. The competition sounds stiff as well.
For a Bailout, Press 'One', If you're a bank press 1, If a brokerage firm, press or say 2