Unless Tony cleans up the Preferred share fiasco......
that he created, I seriously doubt they will "acquire" Lena (majority ownership).
The state would need to know who the beneficial owners are in order to approve an application for a license.
Supposedly someone lost a Preferred A CERT that was supposed to be cancelled, so they're obviously not happy with Tony. A wee bit of paperwork submitted to the TA and the CERT would be cancelled.
I say if the deal closes, it will be for less than 5% ownership of Lena. The state relaxes it rules for such a transaction.
We'll see.
BTW......he may have gotten a forfeiture warning notice from TX. He needs to file an annual report.