I think any normal company looking to merge and go public with BLLB isnt going to allow Lilly Rhodehamel to own a huge portion of the company for doing absolutely nothing especially when she is risking nothing. Its going to have to make financial sense for all involved.
"current management would be gone yes but it's not like they would just vacate the shell and run away, leaving no one new in control, as pdgood thinks"
Why wouldn't they cut and run? Everyone else has. Correction, they hand it off to another buncha crooks then split
Miller & Co hijacked BLLB, perpetrated their pump-and-dump, then simply handed the ticker over to crooked Richard Tang and Hughes supposedly. Why? As Tang spins it
"Jaberian and Miller talked to us on the phone, and expressed interest in granting authority and control of BLLB to us. The reasoning is because THEIR BUSINESS PLANS best suited MY TALENTS and not theirs, as they stated." https://investorshub.advfn.com/boards/read_msg.aspx?message_id=173947832
Tang went on to say
When I did not have motivation to continue maintaining BLLB, I had interviewed Nathan Nowak and Kim Halvorson. It was my decision to grant Ms. Halvorson the continued control as she had interviewed well. She had a very good resume and I believe that after 18 months of searching for a CEO of BLLB she would be a good fit and is competent. https://investorshub.advfn.com/boards/read_msg.aspx?message_id=164507040