Ann: Wizard Lake Development Begins with Funding Boost of $1.95m, page-16

I started thinking a merger might be a long-term plan of these guys.
Morgan and Burton will strengthen their position on the WBE registry, so would be in a much better position to push a merger through.
GGE is effectively controlled by Burton and Morgan, so that can push things from that side easily enough.
Also, I am not suggesting anything illegal here. Just pointing out that this is yet another case of a group of insiders moving assets around while they pursue their own strategic interests (e.g. Burton effectively sold out of TSV/WBE prior to the poor Warro results and is now buying back in at a lower price) whilst continuing to draw directors fees out of shareholders cash from both companies. Same thing happened with the demerger of TSV with two sets of directors created.