Thats why it was a Reverse Merger and the CEO had to give up control to the new guys.
And then shares traded hands.
Now the company is losing even more money and has even more outstanding shares.
Like I said.. they have no money to make acquisitions and if they are hoping to leverage more shares then they are acquiring companies that bring even less value to the table than Ponder and Hayter do.
I feel sorry for everyone trapped in this investment quagmire.