RE:Spoke to a TD specialist about this $12 dealWell. That's speak very highly of this "TD Specialist". Lol What is there to understand? There iare 2 scenarios in here. 1. The price of the common stock meets the price of the buyout price on Aug 12. Or being very close to it. 2. All together 85 million shares will be taken out from the market. Nearly 18% of the total shares in circulation. If the price not even close to 12$ then all that 85 million will be subscribed. You can count on that. Now what happens when suddenly we lose 18% and those people flooding back to the market to buyback their shares? Bingo.