what is in the wind, page-7

I cant see a takeover as RTA will just keep issuing more equity to Todd in return for funds. Todd also owns 10% of FMS as a blocking stake. Eventually Todd will own most of RTA and the infrastructure and then use that plus cash to take most of the equity in FMS. Shareholders in RTA and FMS may get the opportunity to provide working capital along the way before being tossed aside in any eventual actual ownership of the producing asset IMO.