Todays revelation by CEO JDB confuses the dickens outta me .
Is JDB referring to stock market valuation or company asset market valuation ?
To gain a controlling interest in stock there are too many variables that would make a " maximum cap " impossible to ascertain simply because retail holders won't sell 500 million shares for peanuts ( ie todays PPS ) when most are in an untenable loss position . If JDB authorized more shares for the buyer to buy direct from the company he would most likely breech Securities laws and EXPH's PPS would tank to Davey Jones Locker .
The only context that I can assign to " market valuation " is the valuation of the company's assets and is not in context to STOCK market valuations . If so , why the heck didn't JDB CLEARLY state market valuation of the company's assets so that no-one could possibly misunderstand the context to maybe mean stock market valuations ?
More ambiguity by CEO JDB is outrageously unacceptable .