Also its not stated whether these are the sale of existing shares or an issue of new shares to the value of 51%, therefore diluting the existing holdings. If cashflow doesn't increase then return on investment will be low and the holding of new shares will purely be a sentimental issue with novelty value.

Im not saying its a bad thing but the current board will retain control, they will be raising extra funding and if history has any bearing then that cash will be wasted/frittered/find someones pockets.