I don't think so. Here is why. When NSAV did the merger they kept everything the same. The only thing that changed was NSAV now had a minority shareholder. With a reverse merger, all new people take over. I believe they would all need to have background checks, since they are foreign. And if all the money and people are foreign, wouldn't it be a "foreign" company? Yes, Tilton is a UK citizen, but he must have passed everything years ago, and things were OK. (Assumption!) With new people, a new CEO, the background check could take a long time and be intrusive. So, it is easier to keep things as they are, have a Board of Directors composed of people who know what they are doing, SBC which has a master plan, and the current CEO who is being very cooperative. I saw that video on YouTube last night where Thomas proposed Yuen Wong as the new CEO. It makes sense, but there are probably other considerations. In the end, they needed Tilton as much as he needed them. (MY OPINION!)
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