He just wants to renegotiate is my guess. A merger without assumptions of liabilities makes it hard on the debt holders. His actions scream veteran moves. Two types of companies use this move..... REALLY big boys Alphabet did it with google and it’s also a smooth move to get around old defunct shell companies with a bad history to get corporate actions done.
Dror does nothing and I mean nothing in a filing without a plan. This is being primed for a run. A big run.
I don’t care what anyone says everyone of Dror’s tickers run hard (a few times) before they tank lol. Think about it he hasn’t even started.
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