Archie,Ade can dilute BPT's holding if they wish to by simply...

Archie,

Ade can dilute BPT's holding if they wish to by simply issuing up tp 15% of it's total shares on issue without prior shareholders approval.

They can issue an SPP at a big discount to current shareholders which would no doubt be taken up, and the best way of doing it would be for them to allow up to $15,000 dollars worth of shares to each registered shareholders at a certain date.

BPT would be immediately diluted and reduced to less than the 50% that they want to reach. IMO BPT would spew if ADE was to do that.

As such, it is my opinion that BPT will try very hard to achieve an amicable solution and possibly increase their offer price as a result.
Reason being, that if they will reach an amicable solution with our Board, they would only have to pay the extra money to the shares that they don't already own. Big saving for them. IMO too bad for the ones that sold out already because they will miss out.

If I was on the ADE Board, I would already contemplate that part of the SPP to see what BPT would do, lol.

There is more than one way of skinning a cat. Believe me !!!

What about it Ike??