Corporate acquisition, meaning a large company sees the value in Heat Ledger Ltd and would want to buy out a majority of the shares. This nearly always means sizable profits for all shareholders. If it happens, it wouldn't affect the HEAT token badly as an ecosystem on it is supposedly running by then.

Not speculation per se except to small extent where necessary. Holding part of funds in cryptocurrency instead of selling all after ICO obviously was a good choice in retrospect, increasing company value, increasing operating funds, and benefiting shareholders' prospects in a major way, and token holders in indirect ways

The type of shares is still undecided and depends on legal aspects, however it makes no practical difference whether they get voting rights or not - as only approx. 20% of shares are sold in this round.

Non-voting series B shares as a lighter arrangement for profit sharing is quite common.

Done