I am hoping that the majority of any stake in this company would first come from Pinetree (zero dilution for that part) and the remainder (if even required) of not more than 5% from POET giving Synopsys up to a 15% ownership. The 5% (representing cash for service) would equate to 10 million shares at a par value of $5 would be $50 million. More than enough to take POET to full integration in my opinion.
Keep in mind that Peter did an excellent job with the UCONN agreement and Synopsys is going to gain the business and still pay some kind of royalty directly or indirectly through their customers.
