You need to learn accounting terms and learn to read and comprehend the entire filing. I think most will understand what a great deal this was for shareholders and the enormous potential valuation for Brand E in a years time
This conversion ratio of the Series 2 Preferred shall be subject to a future positive adjustment. The amount of any positive adjustment will be based upon a comparison of the post-closing business results of Brand and of RTG (without consideration of Brand results) as described in Schedule 2 hereto.