Even if the things you list materialize, how does this help the stockholders or the stock price?
Under the new share structure, assuming it ever goes through or filed, the common stockholder has no say and nothing to look forward to. The three super shareholders can split the revenue and profits assuming there is any among themselves and there's nothing anyone can do about it. As a matter of fact, now that they have missed the filing date it wouldn't surprise me that they stop filing altogether. Why would they care? They can run the company as their own private little enterprise accountable to know-one without any fear of being questioned or forced to do something they don't want.
I go back to my previous question, why would Todd be interested in taking over BLDV? What does he or H360 get out of the deal besides complete control of a public company?
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