Craig why read through a bunch of bullshit we already know is either false or they have no ability to actually accomplish?
Seriously how is a company with a market cap of $1.5m, $20m in liabilities and $13k in cash going to acquire anything? The reality would be that it would be a reverse merger and the stock holders of the construction company would take over, but seriously why would they acquire a failing company with a ton of debt? It would be easier to find something cleaner or just list themselves, it's not that hard.
The reality is that this company is done, they have lost all credibility and have demonstrably lied to the shareholders to the point that it is fraudulent misrepresentation.