From their last PR: The Company expects to close this new acquisition within 90 days.Financing is in place and due diligence has started. Upon closing all financial details will be released to our shareholders and the investment community.
There was conjecture at the time of the LDTI share acquisition that a reverse merger may be in the works. However, it appears to simply be LDTI could not meet their financial obligations with PBLS and payment was received via the transfer of shares of stock.
I discussed the scenario you presented with IR & they simply laughed.
AIMHO
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