Sorry the new company has no time frame and the IPO is at least 3 years off unless BW suddenly has massive clout and changes the rules on the NYSE.
So IPO has no bearing at the moment.
As far as Koma being well positioned to make money, that is merely speculation it bears no resemblence to the reality which at the moment starts and ends with dilution and an quarterly result which showed no increase.
Wal Mart has not accepted Koma yet it is still sampling. It only has B&N now and we don't know if its selling.
The new company furthermore states are no point what ownership it will confer upon the shareholders. Going by precedent I expect it to be far less than 30% .
Tinkerer, you are putting too much faith in a man who has said BBDA will go away. Keep in mind, he has been sued for shifting assets around to avoid proper claims in the past, what makes you think current shareholders are special?