Let me try a theory: look at CRCW as basically a private company with ownership in the form of shares. There are minimal registered shares, so basically they will use CRCW to determine ownership and then use RMRK as their vehicle for financing and liquid shares. I’m sure there will be a mathematical formula to get the proper ratio. Probably a R/S for RMRK to match the ratio and then now all of sudden those accredited investors will get registered shares of RMRK. Once CRCW holders get RMRK shares, they will make lots of money on the share appreciation alone.
Again, CRCW will be used as a way to determine ownership between the accredited investors. Those are the only people this company cares about, not the rest of us, because there are hardly any non-accredited. Eventually, CRCW will get shares of RMRK and use that shell as the vehicle for financing. Hence, it’s a moot point that the O/S is close to the A/S on CRCW. Try to think outside of box a little here. Both companies have ZERO f’n debt and the other has a bunch of digital assets. So what the big issue here?
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