Well, maybe Independent Contractors Network really does want to buy a shell, which would be the result of this "merger". Probably they aren't interested in taking possession of the RUBBER SUIT, but BGFT isn't all that dirty a shell. It's at least an SEC registrant, and it's not delinquent. The share structure, with a float of 2.6 billion, isn't particularly desirable, but nowadays people are used to gigantic floats. A form of reverse split could always be part of the merger agreement.
That said, Biscardi has promised at least a couple of mergers in the past. They all goosed the stock, and they all fell through in the end.
Which has left shareholders with stuff like Biscardi's godawful movies. They're thrown together from decades' old footage filmed on Super-8 or something. The most recent compilation was called "Brutal Bigfoot". At least one person on the BGFT board saw it, and said it was unbelievably bad.