answer is simple
those holding will be eligible to by two shares at .005 cents each and get a free option
previous raises were a little bit more generous
1:1 at .0044 a share
MEC have both PDF status and more % holding in advent than BPH
BPH is trading at a low of .018 with 2 cents being the average for a while
how much is MEC worth? Definitely a premium to BPH
even at parity there is a very healthy profit to be made for those who just want to flip
And the flippers keep skin in the game by keeping options
nice profit and free options
is that a good enough reason
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