Yes there was another snake oil offer winging its way to Glasgow yesterday - complete with a Transvaal postmark.
And yes he had an offer that could take Rangers fans to "nirvana tonight".
In fact, Dave King did have tucked up his Sears poncho the 'mother of inventions' - bringing life back to a club that had been liquidated.
You read that right. Oldco is to be revived because, according to King, the fans are finding all this (accurate) 'new club' talk a bit 'hurtful'.
I suppose it must hurt having seen David Murray drive the bus of the old club to the cliff's edge with Craig Whyte pushing it off (not to forget a certain Dave King calling off the salvage operation that would have been a CVA when he voted against it).
But that's what happened. A new club was set up and now King wants to kill that off in order to transfer all assets (including those third and fourth tier titles they won) into the old club once he performs his miracle of bringing it back to life.
Apart from Rangers fans, there would have been another group of people raising their eyebrows at this - the creditors who the old club still owe money.
But can it be done? A quick phone call to a financial expert, who for their own reasons did not wish to be named at this particular stage, offered this analysis of King's intentions:
"In theory, all he has to do is apply to the Court of Session to have Rangers put back on the Companies Register.
"To do so any expenses owed the liquidators would have to be paid. They would also need to obtain a 'bona vacantia' waiver. 'Bona vacantia' means 'vacant assets' and refers to the Company's assets that were taken into administration by the Crown.
"A waiver would have to be issued by The Queen’s and Lord Treasurer’s Remembrancer, the Crown’s representative in Scotland who deals with ownerless property.
"Presumably, such a waiver would not be issued until agreement had been made with the outstanding creditors.
"Therefore, either the club's finances and the value of the confiscated assets would be enough to meet all claims OR creditors would agree a percentage of debt to be repaid and forgo further claims OR King would pump in enough money to make up the difference.
"If a percentage payout were agreed, and if it were low enough, then it wouldn't cost much to re-instate Rangers as though they had never been out of business.
"So, yes, it is possible and it might not cost all that much. King is obviously aware that the fans would think he's God if he did that and wouldn't enquire too closely into his other claims.
"I notice that he thinks they could repay 100 per cent if HMRC dropped all claims. I assume he's negotiating with them.
"They may decide to offer a deal based on a percentage of future gates - that's what I would do, nothing else assures them of getting their money.
"It all depends if they prefer to spank Rangers as an example to the rest or actually gain something from it. It doesn't take much to see that the latter is the more probable solution."
But the key factor would be the creditors.
Would they agree to a percentage payout? Some might but others may want to be reimbursed in full.
Even allowing for a 'best case' scenario for King, a lot of tricky negotiation would lie in wait - not to mention the two big elephants in the room.
The ongoing legal proceedings involving new club founder Charles Green and the last owner of the old club, Craig Whyte could stall any process of reviving the latter club that King wants to begin. Plus the result of the case could have its own knock-on effect.
King might best be served waiting for the legal process to play out its course before embarking on this particular journey.
Then there is Mike Ashley. Not only does he have a very lucrative retail deal from the new club, they also owe him money as well. King will have to deal and perhaps come to a settlement with him before he can proceed with his ambitious move.
The move to revive the old club obviously grabbed the main headlines but there were one or two other items of interest that should be of concern to Rangers fans.
His talk about 'loans' and 'getting through the season' seemed rather odd given not so long ago he said this:
Maybe that is the fault of the person who brought it up in the first place? Who was that again Dave? It was you.
Regular readers of this blog site will know King has history of making big claims and contradicting himself.
So, given this man's record of 'being truthful', his new venture of making the old club rise from the dead as Jesus did with Lazarus might be best filed under "believe it when I see it".
He could of course, by announcing such a grandiose scheme, that he might be engineering a way out of the mess he has got himself into? Who knows, but it wouldn't be the first time that creditors and tax people have been used as a convenient scapegoat for an Ibrox club's wrongs.
Whatever the real intentions behind all of this, King has effectively backed himself into a corner on this one.
And heaven help the Grand Wazoo and his crystal ball if he doesn't pull it off.