Fair enough but I want to leave you with two thoughts:
You can really tell a lot about how a new merger deal will go by how they structure the initial deal. The way they did this deal leaving a very nice piece for SLMU shell holders was not the behavior of an evil greedy or stupid CEO. They were very, very shareholder friendly moves.
Now this is the one thing above all else I want you to really think about. Separate yourself from all the anger and hatred. With no emotion think about this one thought.
Let's assume for a second you are right. Your premise, warning, caveat is... He is going to try and keep the good stuff for himself. That's what you are saying if I had to take all your posts and blend them into one thought. Now pretend you are him and this is your master plan all along. To put assets in here but keep the valuable one's or slip the good one's back out later....So hoping you are in that peaceful place I put you.
MILLION DOLLAR QUESTION FOR YOU
Why in the World would you merge into a fully reporting shell that needs audited financial numbers. No way the auditors are going to sign off on your report. Even if they do sign off your shareholders are going to read the financial numbers and see what you did. You are exposed to disclosure because you chose to merge into a fully reporting shell like SLMU. You would have just merged into a non-reporting pink sheet stock. You could have pulled off your master plan and shareholders would have never known. If you were right he would have picked a different type of shell. The moves he made are the moves that are made by a CEO who thinks he is sitting on monster cards and his shareholders will become huge winners. Shareholders, which he, is the largest one of.
So my final thought to leave you with is.....you are most likely not right about this or he would picked a non-reporting shell. Back to that playing the percentages, playing the odds. Percentages and odds tell me you are wrong on this one.
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