Im sure any number of very large companies could take over a...

Im sure any number of very large companies could take over a small company. Most of the big ones who have a different business model would probably buy it and shut it down. I am encouraged that the management appear to be seriously cutting costs and introducing efficiencies. From what Ive seen recently many of the startups are cash negative BUT spend $$$$ on the lifestyle, offices etc etc... instead of running lean from day one and staying that way until you have made it. Even then dont waste $$$.
The other good thing is that Christy Forest seems very invested and just bought 10,000,000 shares for $$200,000. She obviously believes in the business, as do others in management. I think the original owners probably didnt have the ability to take it beyond designing the product. This happens. They probably got bored, worn out or whatever. The new management has sorted out what the business model needs to be and its taken time to adjust. The visible effect on the finances while the turnaround is made and the business model changed has made the business look a bit sick, but I think they are on the right path and this will grow nicely.