However, the company and insiders still retain a significant portion of the corporation, equivalent to 75M shares, but they are not currently issued as part of the O/S nor float. These shares are retained as 188,000 Proportional Voting Shares, which if converted, would convert at 400:1
These shares will likely be held to: retain control of the company fund acquisitions and expansions possible secondary offering at time of NYSE uplist.
On a fully diluted basis, there would be 107M shares, representing a market cap of approx 1.2B USD.