Tonner is busy trying to acquire funding for his own foray into the public space. Personally I don't see him doing anything major with OWOO (merger, buyout, etc) in the near future until the holiday season is over and he is publicly traded.
Once he's public though, that's when this gets interesting. The $2m loan will be in play, and that should allow One World (hopefully) to clean up some of that nasty convertible debt. A solid holiday season and a commitment to cut down debt is probably exactly what Tonner is looking for before he determines whether to let OWOO under his umbrella.