Lab_Rat's response on this has been that it will result in less value for the bond holders than ongoing operation with each original bond being worth 300 MH/s (including the 1->3 split).
grnbrg.
He did not answer the questions regarding bfl refund...i guess he will just order the additional promised hardware and everything that goes above 100/300 mh/s /share/contract goes into pocket.
Now find out by yourself whom xyz stands for.