Yes, a lucrative merger helps big.
What might need to happen is something like the following...
Step 1. On or before Oct 1, Need a PR about merger/acquisition and hot-run, etc.
Step 2. By mid-Oct, Need PR on filings started and who the accounting firm is.
If above steps are met in order, need PR's about contracts to give this thing some added value and get an MM on board. No defined timeline here, but it can't go on, and on, and on. Maybe before year end, possibly end of winter 2013. With contracts and an MM on board, at this point, this thing has a decent chance to make it back to the, "little-Big Show."
This stock had lots of trading interest before the Suspension, so the merger along with a few contracts would definitely give added value and maybe minimize the MM dilution factor.
No excuses acceptable for missing a step or lacking disclosure information. The news events will give reason to hold. Once a step is missed, this play is a dead duck.
Missed step?... Best time to get out is the first couple/few days trading resumes in the Greys after a missed step, while optimism is highest by some. As more time goes on, the more this thing will dump, eventually go sub-penny. This is harsh, but reality because the Greys are a nightmare.