I dont think so. Hydra will own Preferred shares not common shares. I;m sure preferred will not get R/S just the common shares will. That's what i have seen.
1 IVOI preferred = 153.5 IVOI common
1 HYDRA after IVOI recap = 150 ARSC shares (divy)
So, HYDRA gets 1M preferred = 153,500,000 shares of common stock
ARSC divy (assuming 20B shares) = 20B/150 = 133,333,333 HYDRA shares of common stock
Pretty obvious by the numbers and publick documents that after merger HYDRA/ARSC management, which will have voting control of IVOI, will reduce the amount of common shares of IVOI substantially to get to an estimated share value of .08 to .16 per share then give ARSC holders there divy as said in previous PR. IVOI currently has 6B+ common and that has to be brought way down to allow the share price to be .08 to .16. You know that 133M will go to ARSC holders as a divy. The current share holders of IVOI will probably be lower than that imo. 6B to 150M is R/S of 40:1.
