fuzzyjr - I wasn't inferring you had said it, just commenting on the comment as it does get stated occasionally.
Anything is possible but a merger at present is a bit messy. The spinout was easy as it was all the same people on either side. In a merger case, persons just holding ZCC might consider RVX worthless while persons just holding RVX might feel it is worth a lot more. It is hard to come up with an equitable value. Other than that, it might be possible. It might cut a lot of costs and make the combined share price better than the current RVX price. It might have a negative effect on raising the funds ZCC needs as it would expose it to the market price which would probably be much lower than current ZCC financings. I believe that if ZCC was trading, the market would pull its price down thus the financing price down.
The main issue whether merged or separate is still the markets lack of faith (with good reason) in management to achieve anything. As we know, the split was done with a legitimate idea but ASSURE failed and sort of made it moot.