"3) We should be getting more shares of the New Company not 1 for 10, again we got screwed. "
How can you possibly know that we got screwed here unless you know what the A/S and O/S of the new company are? At this point there is no reason to not beleive that A/S will be 75 mil and the O/S will be 63 mil which will give you the exact same stake that you had in the company prior to the Merger.