BRZG can issue all the shares they have, at will, at any point in time. The registration aspect simply provides a tradability legend to those issued shares upon their registration, changing the "issued" classification into the "outstanding" classification.
Regardless and more to my point, based on currently available information BRZG has obviously committed up to 5.5 Billion shares for just 5 Million dollars, and the holders can also collect a minimum 10% instant gain dumping those shares at .0001 into the float. Thus the current result is NO BID, and wall of .0001s on the ask that would make a Great Wall of China builder feel very small, and prohibits any chance of the retail guys bailing out before those holders are done dumping.
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