Allow me to clarify several things:
1. Authorized shares do not get reverse split.
2. This is going to be a reverse merger, not an acquisition. Therefore, TGLO is not going to "buy" Delfin with billions of shares. Delfin, not TGLO, will be the surviving entity. No additional shares are needed for this to take place.
3. By acquiring 71% control of the TGLO shell, Delfin has already figured out how to enter the public markets at a cost much lower than an IPO. :-D
4. Eagan no longer has a formal role with the company. He is simply a shareholder now like the rest of us. I'm pretty sure Delfin will not include Dancing Bear in its operations... lol.
Did I leave anything out?