Here we go oldsty ,
"The corporate and public shells are empty. The corporate shell is full of liabilities Cinemax would not want to acquire.The value is the trading vehicle."
Ok slippery Pete , as is the norm , you loophole you way along .
FTR , please identify WHO/WHAT the corporate shells is and public shell is .
According to you , QTN is separate and holds the "liabilities" left behind .
If that is so , what's the problem ? Just assume the QBID shell and rock and roll .
You insists the VC's were paid . Why would they AUTOmatically get paid ? If Frank/Fan was willing to stiff investors , why wouldn't he do the same to VC's ?
Looking at this web an obvious confusion arises , if Fan TOOK over control/ownership of QTN/QBID/TMM back in January '06 why does there have to be any type of "merger" ? It's already his/ours isn't it ? It would seem to me that like a zillion other shells , all he would have to do is re-label the SOB and start over .
