Zecotek Photonics Inc. (ZMSPF)

[Jitz]

https://finance.yahoo.com/news/zecotek-photonics-inc-announces-restructuring-200900741.html

not sure if any good for zecotek shareholders(probably not) , looks like it will depend on a) real value of Birdview and b) compensation that will be received by zecotek shareholders for selling anything of value to the private(?) company of the CEO.
however I maybe completely wrong as its the most convoluted PR I ever saw..

This is what i understood, if anyone can knows better please enlighten me :)
current zecotek shareholders will own 7.8% (4.1M shares)of birdview combined entity after we go through 40-1 reverse split
current birdview shareholders will own 72%,(38M shares)
bridge financers will own 5%,(2.6M shares)
other financing will own 15.2%.(8M shares)
There will be 53 million O/S at this point.

In addition the groups above (other than birdview shareholders)will have warrants to buy stock somewhere between 40c and 75C up to 2 years, depending which group they are in and how many shares they own.

the current zecotek shareholders will also get compensated in form of CVRs for giving ZIS and ZDS to ZHS(Zerrouk)

Birdview Board appears to be experienced so who knows maybe something of value there?