If a deal comes, they revoke the PP.

GP they are using this to protect the PP to completion. No point in the company's using this part of the act on a deal that does not materialize as there most likely wont be an upside to the sp. This whole thing is allowing somebody to front run a deal at a low price and be protected and almost guarantee it closes with the companies approval. Hmmmmm. It does bode well as they are papering this in anticipation of a increase in a higher sp. 

CCD