Pretty sure I've got this straight.
A gas exploration company without gas and facing bankruptcy merges with another gas exploration company without gas in order to stay afloat
Spins off a hydrogen company without technology og infrastructure that will process their gas once they find it
Then sign an MOU with a company that may or may not use hydrogen at some time in the future, if they find gas and get funding to turn it into hydrogen.
Share price goes up, must be time for a CR to fund some more hot air
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