Matt Dwyer has a history of making financing agreements with small public companies. He did this through his company called Fundtech Solutions, and providing convertible notes or 504D private placements as financing solutions for small companies who need capital from the equity markets.
One of the companies that he previously provided funding for was RIGH. The entity in that shell apparently went away, and Matt retained the shell and the debt remains on the RIGH books.
He has found another company that is interested in going public and receiving funding from Baron so Matt rolled the RIGH debt asset into TOFS/Baron with plans of making revenue from the conversion of RIGH debt under the new company as well as complete new funding opportunities with the new company coming into RIGH.
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