Aug. 20 at 5:52 AM
$AKTS Let's assume this is to save the IPO.
But?
If Space X is worth 400 billion and Atech is worthless, it's worth - 59 million.
In a reverse merger where Space X puts all its value, how much would Atech be worth?
In a reverse merger, Space X and its shareholders would be considered good people and the remaining Atech would have 0.01%. Or would Space X simply decide not to give anything to Atech's shareholders because they have no value?
Gemini reiterates to me that Atech's value is 0 and therefore we shareholders have 0 value.
Even if Space X pays off its debt, the value remains at 0 (3/5).
