Wouldn't current shares be diluted more the better the merging company is? Right now, WRII is valued by the market at about $170,000 while the target is worth at least $10 million. Won't the shareholders of the target demand most of the shares of the merged company? Valuing WRII at $.58 assumes no dilution, but the owners of the target company aren't going to just give us their business. We would only be entitled to 1.6% of the value of the new company, which would requite their issuing another billion shares. That in turn would require a huge reverse split, 100-to-1 to give the stock a $1 value, much more if they hope to get a NASDAQ listing.