"One issue on this whole deal.Why would any buyer agree to buy a company it was in talks with when the company issued 9 billion shares for 900,000 in debt and then the buyer pay them 2.7 million or more for the same shares???????????????????????????? "
The answer is very simple:
The buyers need to be assured they will get the 100% of the assets. If they start buying in the open market , they will probably get at most the Floating shares only ( 6 billion shrs? ).