Maybe they've already bought up a bunch of shares which were created by PRIOR dilution? Maybe? In which case, whatever price they got it at (.01? .02?) was a steal, since they KNOW about all the BOOMING earnings which are forthcoming. They know for sure; we don't. The dilution was in the past.
If I owned a private company which was profitable, and I was doing well financially... and was offered a chance to snatch up shares of a smaller public company... after doing my analysis and coming to the conclusion that after merging the shares will be worth $1+, then I'd JUMP at the chance. And so would most people.
It's possible that we're just along for the very fortunate ride. But hey, what do I know?
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