NO $hit, if the former CEO Scott Frohman is actually selling what the hell does that say for the future of the company?? I'd rather hear dilution that the ex-CEO selling all his shares at .0055!
The share structure will change after the merger. You only have to decide whether or not it will be beneficial to investors or detrimental.
I for one think it will be beneficial and I believe in the expertise and track record of the players on board who are controlling the action. That's my opinion.
on the other hand he could be forced to sell due to the purchase of illume... both scenario's "could" be...one choose's the most negative choice... the other the more POSITIVE choice.. OPMG IMHO