My understanding is :

If one party control 35 % and annouce a buy out to the company,the rest of the 65% will have to vote,among the 65% ,if the majority agreed 51% x 65= ~35 %) , then the buyout is established..

We now have three funds controlling 30 %,if they work around among them and have one fund to start the buyout, and with  addition numbers of short term investors,they only need less than 15 % to corner norant.

as of today,25 million shares ( ~25 %) x 4.00 = 100 m...

if they put out a price tag of Cad 6.50 in two months time , our company will be in danger for the long term investors who expect share price can go up to Cad 10.00 or more...

we need to consider the split urgently and postphone the placement in near future 

Hope someone can clarify my point..please..