If you check OTCMarket.com, you would notice out of 497m, only 12m is unrestriced. This means the increase is a restricted share and probably used for this huge acquisition. If it was a mere dilution, the increase would be unrestricted for sure.
Of course, my opinion at this point is pure speculation but 12m float is great. Just wait for it to be pink current that they said going to happen soon.
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