So the 8,000,000 IPO shares are expected to be oversubscribed and will go for more than .003?

Even at the Xbond rate of.001 plus IPVO .0025 will be .0035

This still does not make any sense to me.  Surely I could just place a bid for .0030001 and this would be below the Xbond and IPVO price but above the .003 IPO?

Edit: Ok I didn't realise the btc is directly transferred into neo bee shares.  I though the Xbond just gave you the right to buy at .0025 per share.