How do we know that there's not a reset provision in the latest PIPE deal in order to roughly compute existing shareholder interests on a fully diluted basis? Do we know if the preferred terms have been altered that might give control and effective ownership to the new group? Do we know if the new group has been given a security interest on the P2O equipment and assets in consideration of their investment?
Without information, this is more of a crapshoot than ever.
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