DION's current business is being taken private by the CEO, so there shouldn't be any spin-off of the current business to shareholders.
On a fully-diluted basis (and assuming the deal is structured on the 10M net income level) there would be about 561M shares outstanding and net income about .018 per share. ......
1) 25.8M shares currently outstanding
+ 2.25M shares to be issued prior to closing (Section 5.12)
= 28.05M shares outstanding prior to closing
2) 28.05/.05 = 561M shares
3) 10/561 = .0178 eps
I am working under the assumption that rather than increasing the authorized shares up to accomodate a large 561M share structure, the RM company prior to converting any preferred shares will most likely just reverse split the DION shell shares down to a more reasonable and institutional/uplisting friendly number. The 95%/5% transaction ratio is firmly set (again depending on the net income number for 2011), so any reverse split will not fundamentally change anything for current shareholders of the soon-to-be DION shell.
The website for Shangrao Baihuazhou Industrial Co. (http://www.srbhz.com.cn/) doesn't appear to be online/accessible at the moment, and I'm not currently aware of an alternative site.
You can get some limited/general corporate information and some pictures of the plants/products the company sells from business/government sites, like the one below. If I recall correctly one of the sites mentioned that the company has a flower base under cultivation of about 220+ acres (not sure if that just includes flowers, or other plants as well)......
http://translate.google.com/translate?hl=en&sl=zh-CN&u=http://srbhz.cn.alibaba.com/&ei=S6wxT_b8KOjL0QGsotzJBw&sa=X&oi=translate&ct=result&resnum=1&ved=0CD0Q7gEwAA&prev=/search%3Fq%3D%2522%25E4%25B8%258A%25E9%25A5%25B6%25E7%2599%25BE%25E8%258A%25B1%25E6%25B4%25B2%25E5%25AE%259E%25E4%25B8%259A%25E6%259C%2589%25E9%2599%2590%25E5%2585%25AC%25E5%258F%25B8%2522%26hl%3Den%26lr%3Dlang_zh-CN%26sa%3DX%26tbas%3D0%26tbs%3Dlr:lang_1zh-CN%26prmd%3Dimvns
The Chairman (Li Xiaoling) is female. Here is a picture of Xiaoling at a Shangrao City Flower Association meeting held about 3 months ago......
http://www.jxsragri.gov.cn/html/ShowArticle.asp?ArticleID=12077
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