Could this happen?
Buy out deal says buyer will pay $82,000,000 cash to pay off debt.
Then $400,000,000 cash into current float for shares of IMSC. Approx. $5.00/share.
Creditors are paid off and get no additional shares. Not owed anything.
Total deal is worth say $525,000,000. This allows for all options to be exercised and paid out.
Hmmmmmmmmmmmmm