HeadsUp Entertainment International Inc (HDUP)

[grantastic]

If such large willing investors could even be found, there is no incentive to give existing HDUP shareholders any meaningful equity in the newly reverse-triangle-merged corporation.

If this merger isn't totally bogus, we can expect it to fizzle out before completion exactly like the Fanlogic acquisition did. And it will fizzle for the same reasons: Even with a scam like Fanlogic, HDUP brings nothing but liability to a partnership.

(interestingly: Fanlogic went public, got CTO, and got CTO lifted in 5 years... HDUP execs still making excuses after a decade for its CTO)

It's amazing that some existing shareholders expect HDUP executives to have a sudden attack of loyalty after 10+ years of bilking shareholders.