Depends on the "transfer" of the 99 year exclusive rights lease. If there's a legal hurdle to overcome...which is why I think there's a negotiation, then they have to negotiate. And yes, there may be a win-win, but if PGYC is in the position to put out 1 Billion more shares, then Tactane's stocks are now diluted...ergo, no leverage. He just gets bought out like the rest and doesn't get to play in the real money to come.
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