George has already said the merging company wanted to be a SEC filer. That means he has a merger candidate. If it were a crap company, they wouldn't have cared less about being a SEC filer. Next!
Frankly I, for one, have no worries if GS got this matter dismissed or not as a "Fresh Start" with the Form 10 is just that, a fresh start. It should get dismissed as irrelevant now.