Absolute nonsense.
The only reason you do a reverse merger is to put the operations of a private company into an already-public vehicle. Both entities are already public! Not only that, CHRI already has a more senior listing than HRBM, which is on the pinks.
HBRM is acting as though they will stay independent, or at best is acting as though they are buying some insurance against the deal not going through.
If I could afford to buy all of them, I would not need to buy any of them and I sure wouldn't be spending time on the message boards!