alright, this is not a good deal. If a white knight doesn't come along, or if the deal isn't scuttled then:

If you have 100,000 CMM shares, these will convert to 40,000 WTG shares. Let's just say we settle at 75 cents at CMM...so you hold in paper 75K CMM.

If WTG share price sits at 3.85 for WTG (present bid) then you will hold in WTG paper 154K. Looks like you double your money...HOWEVER...who will buy your paper at 3.85? I see the shareprice at WTG heading downhill quickly with the increase in share float not held by the Russians...wherein, these shares will be bought on the cheap, and then WTG starts to make very positive announcements to make them all rich...Who wants to wait while the tree gets shaken...violently

Or, a white knight does come along (except we're held hostage with the 13.5 Million payable to WTG in this event); or the shareholders dissent with at least 5%.