Troy Nice one! but that is a rather huge assumption from where our market cap is now...LOL Lots of dots ...where's the official meat? Lets hope for An Offorly good deal. gltua Baz
Your entire post is predicated on the assumption that SEO is not the receiver of the diluted shares. What if he is? Then it doesn't much matter because SEO will own more of the company in exchange for your $2.69.
And in addition to that, we don't know if the JDZ assets are worth $7.24 billion. And they may not know until long after Phase 2...so for now, PN doesn't get walking papers, he gets a bonus, imo.
"Do you believe Offor will allow his (our) future value to be raped like that to gain a useless amount of cash now?"
That's assuming Offor isn't the one buying the newly issued stock.
Suppose Offor (indirectly/surreptitiously) is buying these new shares. He would actually increase his ownership very cheaply at minority shareholders' expense.
Not that I necessarily believe this to be the case; but it is a possibility and could be a reason Offor would be "on board with this plan."
Just throwing this out there with all the other conspiracy theories and dot-connecting that are being floated. Just illustrates circumstantial evidence can be bent in numerous ways. - LT