I wasn't aware of the merc group, so don't panic, the name's easily changed and will be done so, without complaint or any trouble. As for making it official, we're almost done. Still having some issues in working out the IFFs, zone of influence, diplomacy and a roster for the (current, small group) of members.
We've worked out what ships and equipment to use, most of the faction rules, ranks and the like. So yes, I have read the faction creation request page.
As for what the group is based on, well, guerrilla factions like the Rhodesian Blacks, Che Guevara's Guerrilla tactics, those sorts of things.
It's early days yet guys, but I shall do my best to refine it into a more workable idea!
I don't see why I should be critacised for a group that fights the government. After all, how many factions are there for fighting pirates? Or trading? Or exploring? It's hard to find an original idea in a community that's been around for so long, I will admit. While that may seem lacking in imagination, I can assure you I'll be doing all I can to make sure it's heavily RP driven by all participating members.