PPS is irrelevant in that aspect. Market cap is the only factor to consider there, but I doubt even that is relevant, because $CHRI will not consider their stock fairly valued in its recent trading range.
$HBRM O/S increase was due to raising capital for goods & services, unlikely to have anything to do with $CHRI, imo.
$CHRI will offer cash/stock, production capital & mgmt contracts to $HBRM in exchange for trademarks, patents, distribution channels & sales. IF $HBRM shareholders are offered stock, then $CHRI's O/S will increase, therefore decreasing their eps, & likely the pps will follow, temporarily at least.
After the malcontents exit, we'll see a significant increase in pps of the new $HBRM & possible dividends(I've heard) over the next year or so, imo.
...and if nothing happens between $HBRM & $CHRI,,,it's still good! ;^{)
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