It's allowed under the reverse merger / reorganization regulations. Just look it up on the SEC website. It's pretty straight forward.
>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>> I just wonder the dynamics of handing out roughly 500 million shares more than the authorized, without following the procedures
"Each problem that I solved became a rule which served afterwards to solve other problems." - Rene Descartes (1596-1650), "Discours de la Methode"
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