iBrands Corp. (IBRC)

[Snakedude]

That math is not quite realistic, because they wont be adding shares. Our shares in IBRC will be wiped out. Cease to exist. New management will then issue new shares in the merged entity, as many as they choose to do. Then, as is typical of reverse mergers, management will pay us a certain percentage of those shares in exchange for our shell company. That is most typically in the 25% range (look it up people). New management retains the remaining 75% as their share. Why? 'Cause they can. How? 'Cause they can.

Bottom line: IBRC shareholders owned 100% of IBRC, they now own 25% of the new company.