That was my reasoning too. Monk is bringing in 60k to 100k per Monkinar and is starting a message board where 100's of participants will pay $25 a month plus is in the process of starting his own stock charting site where he says he is going to charge $25+ a month. He clearly had a very successful business going and there is no reason to sell it to a group of scammers. My opinion all along was the Den aquisition was part of the pump and never was actually going to occur.
The Monk's Den acquisition never made much sense to me.
But the announcement of the acquisition makes perfect sense. The stock was in a 6 month slide and it gave the insiders a chance to reload for a refleecing.