He indicated each investor could choose the shares or take the $15. So if that scenario is true if it was at $1.50 you could take the $15. It seems the company is expecting this to be much higher and/or maybe they are buying shares like some have mentioned and the float will be so small if they did need to pay out the $15 it would be a much smaller amount than we think.
I have not found a stock this interesting in sometime. My favorite thing is if this is true the timeline is very short.
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