The contract is clear. Why do people invent things that are not there? Just read the contract.
Forget these pie-in-the-sky dreams that make no sense in the real world. NOBODY is giving anyone 15% of the entire AMC owned ADL with a perpetual non-dilutable interest.
There will be cash calls. We will have to come up with the cash or be diluted. If it’s common stock of a public company we’ll suffer the same dilution any other common shareholder would suffer. AMC is not going to be giving MDMN some special non-dilutable interest. There is no free ride here.
Read section 5 of the contract on page 14.
We turn over 100% of the rights to all the properties. AMC pays us $100 million dollars and 15% of the shares of AMC SPA.