legens, your shares will not be converted to ZFX shares at any...

legens, your shares will not be converted to ZFX shares at any stage - it is a cash offer only. Once they achieve greater than 90% your shares can be compulsorily acquired.

You don't have to accept yet. Until they reach that level the market will trade around the $1.10 mark anyway and ZFX will keep a big buy order there for you to drop to if you want.