Xeriant Inc (XERI)

[dabullishbear]

That table is the Spectrum Cap Chart. The sole purpose of a cap chart is to show who owns what percent stake in the company. The company currently has billions of shares allotted to each of its owners. Obviously they don't want to move billions of shares into BANJ, so they are reverse splitting their shares 25:1. After the 'reverse', there are 166 million total shares allotted to each of their owners. Current BANJ SS only has a max of 100 million shares with a large percent of those already into the hands of investors. In order to make room for the 166 million shares that Spectrum is going to bring in the merger, they are raising the AS to 500 million with Spectrum being the majority shareholder and therefore being in complete control of BANJ. Having control allows them to merg their financials and change the name/ticker effectively turning BANJ into Spectrum King LED.

Hope this helps.