How many times must people be burned before they stop trying to pick up the hot coals?
Does anyone believe that a successful company would sell out to a holding company in exchange for shares that could not be sold? (no bid, remember?)
So there are two choices, either the acquisition is a scam falsely trading on the reputation of another company or the new company has never heard of RCCH and Gene is playing his 'LOI' gambit again.
Wasn't it Twain who said he would never join a club that would have him as a member?
You have to wonder about the quality, integrity, honesty, (or whatever metric you desire to consider) of a company that would voluntarily associate itself with RCCH.
If the company was a success they could buy RCCH lock stock and barrel for less than a million bucks, why would they sell themselves for less than that?
Realize that even if there are any shares left to print up and sell/trade ther are less than a couple of billion that wouldn't buy a successful espresso stand.