RE:RE:silly prices - Buying at $.13 - Selling at $.15. You are assuming that MQL and New Marquee will trade at exactly the same price. Right now MQL is trading with 120 million shares. New Marquee is going to trade, after dilution, with 412 million shares. That is a massive dilution. Of course, you are also, if the deal goes thru, getting about 30M in cash from AOS reserves. Current combined market cap at 26.5M + 26.4M (at 22cents and 12.5 cents) = 52.9M. 52.9M / 412M shares is around 12.8 cents, which is pretty much what AOS shares are trading at. With MQL at 22 cents per share and a trade in of 1.67 per MQL shares, I get 21.4 cents per share valuation for MQL share, again, right around 22 cents. So,no, you are not going to get a 100% return on your AOS shares when New Marquee is created.
There is also uncertainty as to whether this deal goes thru and requires 66% shareholder approval, or simple majority. Smoothwater has about 15%, and they claim that they have enough to block a deal based on the shareholders that have emailed/responded to them. I imagine they could probably get 34%+ to block the deal, if a special majority is required. Also unsure if the 1.5M non-complete fee will be applicable, given that Smoothwater says the deal isn't legal under TSXV regulations. And if AOS board fights it, you can count on the lawyers draining further cash reserves.