If GSCG backs out. It's a huge loss for them b/c doing a reverse merger is the cheapest way to go public besides trying to go public solo (which takes a lot of money and time to do).
Not true. Actually, LAHO would be an excellent example of how reverse mergers can turn out to be quite costly. If GSCG has already paid anything--to lawyers, to LAHO, to anyone--it will likely lose that money. It will also have lost time, and time is money.
Going public the right way is actually quite easy, and can be pretty inexpensive. And you'll have no nasty surprises going forward. No massive toxic debt, no hidden insiders, no possible suspensions.
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