Do you have a link to anything that states the name of this "big" company and confirms that it is merging into vyon? All I have seen is a reference to an LOI by John Bay - no name, no numbers. Anyone who has invested in any of Bay's other failed companies know his track record of over promising and never delivering.
But let's, for a moment, assume this merger takes place. What do you think the new share structure will look like? Would this new, "big" company just distribute all its value to the holders of all the worthless old vyon shares? Or would they reverse split them away and then issue new shares to themselves and start diluting to raise capital? Wealthy guys who own "big" companies aren't in the Robinhood business of taking from the rich (ie themselves) and giving to the poor (ie current vyon shareholders).
Think about it. Why has the price gone nowhere after Bay's update about how hard he is working to increase shareholder value?
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