It's very possible that they purchase a private company, one that doesn't trade at all. Either way, it doesn't matter, a million shares a $1.00 is the same as 10,000,000 at .10.........once the acquisition is complete and the NOLs are realized, we'll be trading on a different market entirely.
Doesn't matter what you call it. If PIOE has a market cap of about $22.5M (about $.50/share) and company X (target) has a market cap of say $100M, PIOE is going to have to give shareholders of X roughly 4.5 shares of PIOE for each share of X.
Am I missing something here?? Of course this becomes more attractive (from PIOE shareholders POV) as the price of PIOE increases. Maybe this is what PIOE management is waiting for??
News 
Market Data 
Discover 
