I agree and I also think Mr DiGenova is rushing the merger because he doesn't want the shareholders knowing the financial history. 1. What money was received from stock sales and loans 2. Ownership break down 3. How the money was spent 4. What are the assets 5. What amount is recoverable and at what cost.
I don't believe for a second that Mr. Owens is buying a pig in poke. I'm sure he and Mr. DiGenova know more than what they've acknowledged.
Its true QASP was in a bad wreck, but it doesn't mean its got zero value. It can still be parted out. The losses alone are worth a lot of money if you have income to write them off against.