What are you talking about? Of course they aren't merging into DMPD! They are buying up the majority of the shares, to do whatever they wish with it! Perhaps they have a subsidiary that they want to play with? The 11 Billion dilution idea is nonsense!
I took the 8K Letter of Intent to mean Iris is buying DMPD's assets....a buyout, IRIS gets control of DMPD & what their plans would be at that point is just specualation. brb