BJ deal is a shares-only deal, per the CEO
So, VMGI investors might get some shares in another penny stock company for it. The shares will likely be restricted for 1 year. If the acquiring company dilutes even a tiny fraction of what dilution nightmare VMGI does, those shares (when you are finally able to have the restricted legend removed)could be worth much less than when the shares are given. Once the acquiring company announces the deal and that they will be giving out dilutive shares for the purchase, that company's share price may tank, also.
VMGI shareholders mmay also be liable for taxes on the value of the shares from the other company (on the date they are given).
VMGI only partially owns BJ, and will likely get some shares, too.
Not sure this helps increase the value of VMGI shares, though, as they will no longer own BJ.
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