The Company makes no representation as to the likelihood of the merger being consummated.
Our ability to continue to operate our business is substantially dependent on our ability to raise additional capital in the near term or consummate a merger. There can be no assurance that these efforts will be successful. Our expected continued losses from operations and the uncertainty about our ability to obtain sufficient additional capital raise substantial doubt about our ability to continue as a going concern.
All the debt is owed at end of June 2013.
FULL , it is my guess, wants to merger MDTV with its own, Ygnition networds.
won't have to give common shareholders a anything.