Deep Green Waste and Recycling Inc (DGWR)

[Ignatius J. Reilly]

You are right, they currently will just have the 'authority' to issue the shares. There are 2 ways it could go I suppose, they issue them and then do a RS like they said they would, or they retire all the shares. I'm not sure that they need to maintain the 80% for the IRS code for any amount of time?? If they do, then retiring shares is not an option.
Also, if they are looking to uplist and make this a legit stock, an RS makes much more sense than retiring shares as it will put the PPS in a much better starting range with a better share structure.

I know it will suck for us legacy shareholders, but not sure how it is in the new companies best interest to retire shares??