Sep. 11 at 6:42 PM
I can't tell if Mr. H is being deliberately obtuse or not. It is hard to tell sometimes. Of course, the
$QIND ticker will disappear. It will be exchanged for
$HTOO shares. That is what we want.
Based on current math, it appears that the worst case if for QIND to be exchanged for a valuation of
$0.17. But this statement in the filing allows for it to increase in value when the deal is done.
" The pro forma information has been prepared by our management, and it may not be indicative of the results that actually would have occurred had the Acquisition, the Conversion, and the Merger been in effect on the dates indicated, nor does it purport to indicate the results that may be obtained in the future. The pro forma information is based on provisional amounts allocated by management to various assets and liabilities acquired and may be eventually different than currently presented."