If Webb's intention is to own more than their previous share (around 49%), what is to stop him from buying shares right now on the open market for say $.70 per share up to $1 per share? He could be buying Biohunter's shares plus anyone else's that are willing to sell. $21M is certainly enough to buy out almost all the retail shares, even at $1 per share. That way he wouldn't even have to buy out the rest of the authorized (but unissued) shares. Makes sense to me.
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