There will be no "announcements concerning the reverse merger of RXPC" in 3 weeks, 3 months, or 3 years. There is no merger, takeover, or buyout.
MacLellan is the Chairman of the Board at eWellness, not an officer or employee. eWellness is not MacLellan's company and he won't be "concentrating on expanding" that company, whether the eWellness merger goes through or not.
I think their funding fell through and they extended the LOI three months just because there are no other buyers for Dignyte, so, no reason not to -- the extended LOI still uses the word "contemplates" so it's non-binding and non-contractual. Certainly, whoever bought $69,000 of Dignyte in 2013 can't be happy that this deal fell apart in 2013.