Here's the way I understand the share count: currently TT owns 434,212,446 out of 490,000,000 a/s. After reverse split ( divide each by 25) he will own 17,368,498 out of 19,600,000. They will then issue him an additional 12,278,602 to get him to the 93% making his 29,647,100 of total 31,878,602 leaving only 2,331,502 available.