WTF is your question?.....lol.......Did you read the S4? Did you read what I posted? And who are these 'original' SH of which you speak? And furthermore, a RS does not change anything (in theory). The OS would be 1/2500, and the share price would be 2500 X what it is. Where are you getting this 95% from.......the pfds?.........I fail to see your point.....
And FINRA is not going to let them do an RS. They haven't for 1.5 years....and there is nothing that has changed, so it's not happening..(even Dr. Sinkule said as much when I talked to him)
The only 'RS' that's going to happen is the 175 $LEAS shares (Current value: .85) converting to 1 $RWOD share (Value: $10).....
“Merger Consideration” means with respect to each outstanding share of Company Common Stock a number of shares of Redwoods Common Stock equal to the Exchange Ratio (and with an aggregate value equal to the Closing Equity Value), allocated to the Company Stockholders as set forth on the Allocation Schedule.
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