Ren, how elegant is losing 80%-90% of your equity in you superstar for $335k? Won't you tell me? There is only a disparity of 80-90% equity between my suggestion of a spin out where we retain our value, and this current situation.
The point is Ren and we all agree none of us know the outcome of the 10 million shares past the share price at present. At some point the equity will trade on promise and revenues and not hocus pocus from an already oddly priced shell to a closely held company. I think we are all aware that no one can know the outcome as it depends on dilution, revenues etc.
We all realize that unless this transaction and the ongoing business results in a 20-40x share price increase from here before any reverse the deal is an utter failure for most. Hopefully our dilution crazed CEO understands that as well. My guess is he does as their options and shares are in the same boat.. let us pray that is properly conveyed to the new funding and consulting group as well..
News 
Market Data 
Discover 
