Past performance under Josh has been abysmal; but as I said there has to be a reason why Todd wants to take over BLDV. Remember he was instrumental in putting together the filing for the Virginia project and the PR's have alluded to other contracts being in the works. If Todd can finalize these contracts, especially the Virginia contract with the coal brothers, that should bring revenue into the company.
But even if the company has revenue, there's nothing to say the stockholders will benefit under the proposed new share structure.