The two merger theories contradict each other. The only thing they have in common: they are both absurd.
One theory has some private investors owning a majority in both Provista and Radient. These "Angel Investors" supposedly sabotaged Radient Pharmaceuticals over four years so they could buy shares cheaper. They will now apparently force Provista to merge with Radient.
The other theory has Arima owning a majority of Radient and UNI still paying $100,000 per year to AMDL Diagnostics even though they are no longer contractually requried to do so. The prize here for both Arima and UNI: DR-70, a tumor marker that the global medical community rejected and is now off patent.
And in both cases, $20 million debt is waiting for any prospective new owner of Radient Pharmaceuticals. The "Provista theory" claims that the debt magically disappeared because the lenders felt magnanimous, while the "Arima theory" simply pretends that debt doesn't exist.
LOL, indeed.