I don't think the 33K "new" shares will sell without new buyers. Right now, anyone can buy PETA units for .091-.093 which are the same as the units that will be selling for .095-.1 in a few days. It looks like roughly 1400 shares have sold in the past 18 hours.
SCRYPT-X was partly a success because enthusiastic PETA investors diversified into it, but in this case, existing PETA holders who can buy more shares now at .091 aren't going to be buying them in a few days at .095. Anyone paying attention here on the forums likewise has the same opportunity, and I imagine that accounts for most of the Havelock userbase.
So who is going to buy them? It looks like the market is just too shallow, and we are going to go a few weeks without dividends. I still think we are in a great position, and it may only be a short time before we are back with massive dividends.
New users are the only way to sell those units, though. I think cryptx knows this, and thus the website redesign and subtle repositioning as "cloud-mining" seem to point to the notion of a marketing push. There are a lot of people in the broader bitcoin community who aren't here on the forums, and we'll need to reach them somehow: stories, posts, ads.
Yeah, this is also my concern with the situation. I feel as though the market depth has perhaps been over-estimated. I don't like second IPO's- buy back's on their own are ok, because it immediately adds value per share, but IPO's are always a risk as to fair pricing. I'm not saying that the price isn't fair, but I don't know if the buyer base is large enough to absorb the new shares.
Regarding those people taking issue with the situation because they unwound positions in Peta to invest in Scrypt- I do get where you are coming from in your frustrations, but at the same time that's always going to be a risky move in expecting the market to stay still. I personally kept my shares in Peta, and used other funds to take a smaller position in Srypt- and I'm happy about that position for the long term. I think (and I think that this view way shared by others) that Peta has been relatively under-priced for a while, and I fully expected some lift-off in share price in the nearer term, be it from growing market sentiment/dividends, or in the IPO situation that has occurred.