"Napoleon has been exiled."
Only if the option is exercised and even then he or his nominees will still hold enough stock in MDMN to effectively control the 15% interest MDMN will retain in the JV. Given the amount of outstanding shares plus what would be issued for conversion of preferred convertibles plus what may be issued in the three years of the option for officers & directors services, rents etc the real value will
probably be in this 15% interest.
Even if the price for the 85% was $200 Million when you spread that over a probable one billion plus shares, if the person or persons controlling MDMN decide to distribute the money, it will not be anything like some of the shareholders expect.
This could be a good investment but as far as "To da Moon" I don't think so.