Answer(s) to your question regarding "MMG," has been pointed out in previous posts, or has provided a pathway to understanding "Why would MMG take that deal when they could have so much more?"
Here are some hints: "MMG," check out Rhonda Keaveney and David Keaveney Shareholder Advocates LLC., and an attorney named Peter L Chasey. Oh, and do not forget "SMALL CAP COMPLIANCE, LLC." An interesting reference is listed on the website listing a familiar person named in an SEC filing...
It's all a bit overwhelming trying to grasp a full understanding of the forces at work, but I believe what we have experienced with regards to the "merging fiasco," has in fact been a real learning experience.
Therefore, I am very thankful to 'nodummy' and 'Mr. Clean' for some very valuable lessons in shell companies and the scams associated with them. You might want to read their posts in greater detail.