Yeah but they have to R/S the private shares to come up with the new totals for when the company does become public. After the R/S, the shares would exceed the current SS hence the reason they need to raise the AS. If they do not raise the AS then they can't even make the merger happen.
The table shows there being 4 billion shares. We all know that those numbers do not match up with the public company.
The interests that financed the $6 million then you can clearly see that their price is $0.0118 per share. If that table has anything to do with the after RM share structure they will be split as well. No matter how you cut it they bought in at $0.0118, that's why that area is big support. I guarantee they didn't get in to sell without a profit down the road. Their $0.0118 will be worth 10-25x that down the road. So will the current BANJ shares floating now.
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