The money payed by Attis for Flux is clearly most payed for the ownership of Flux. Flux probably owns 80% of BTZO and based on the old filings BTZO owns 80% GERS.
Now what is bought seems to be Flux, but then as a new holding. It could be that in that holding BTZO still owns GERS, but it could also be that Flux just owns BTZO and GERS.
In either way, it seems that Attis needed to talk about this deal to GERS. I did wonder why, but Joby explained its most likely because GERS owns the assets.
Since BTZO isn't named in the PR by Attis, its seems likely that there is no special reason for Attis to talk to BTZO.
IMO this means that the value of BTZO is of very little matter.
Attis payed (so far) 18 million for the ownership of 80% Flux, which contains 60% BTZO and 51% GERS.
It might be they are even going to pay more.
The question rises, for what part did they pay this money.
Since it seems it is GERS holding the assets, it is most likely they payed this mostly for GERS.
It seems like BTZO is mostly an empty shell.
That's why I think this deal will do very little for the BTZO share price. I own some BTZO, but I don't expect too much out of it. I did expect something, but since it seems that Attis don't even need to talk with BTZO, I'm wondering if it is worth anything.
I hope they will also profit, but I don't expect it.
IMO there also will be no direct profit for GERS unless the share structure and reporting chances. Or unless GERS common share holder will also receive a bid on their shares by Attis.
So, NO I don't think BTZO can achieve a penny with these developments.
BTZO was a long shot for mosts, and I think the chance to make money out of this lawsuit for BTZO owners now is even less.
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