Company X would have more ownership in PIOE than us existing shareholders in the end-- I think that is possible. I think you could be right in the scenario that you pose.
But that doesn't mean that our own holdings would decrease in value. The combined entity would hopefully be big enough that everyone's stake would gain.
However, I don't know how the 5% ownership rule plays with this or if it is involved.
I hope that our very complicated ship that the lawyers and accountants have designed doesn't get launched on its side!
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