Q: How to buy a bunch of assets when you have no cash?

Simple. Make up your own.

I've experienced my own share of mergers/takeovers and there is always some discrepancy in between the two companies share prices (like say anywhere fro 10-20% at any given time) until the merge. But USUALLY THEY ARE VERY CLOSE.

This is the first time in my life I have ever experienced over 200% difference between "proposed" price and actual trading price:

CMM proposed merger price: $1.80

CMM actual trade price: $0.60

If the market valued WTG anywhere close to $4.50 then of course CMM would naturally be in the $1.50's right now (at least).

Now that Mr Finsky is a sly devil because he can plead his hyper-inflated fiat WTG currency to the regulators and say the "deal is valued at $742 M".... so at first glance it seems like a fair offer. Many s/h including myself would sell CMM for $1.80 in cold hard cash.

But that's *not* what we are getting because WTG really isn't worth $4.50. Only problem is how to PROVE this to the regulators/courts with idiots like Mr Cowley saying WTG is worth its $500 M m/c because of "opportunity" and Mr. Finsky's business experience.

Mr Finsky is using his WTG printing press to buy CMM assets. Its that simple.

Just say NYET.