Guy42i,
I think it is implied that the remaining "unissued" AS is what FCCN has to offer for AERO stock. . The other 920M have already been issued.
If 3.8B of the 4B remaining is used(approx 95%) then the result would be....
about 4.72B shares OS, 3.8B of which are for the "AERO" people, 780M shares held in escrow by GG(terms for release from escrow TBD), and 140M or so held by the rest of us.
Aero would own about 80% of the OS, A very large % still hiding there in "escrow" account, say roughly 17%, the remainder (you me and the rest of the "float" about 3%.
I would imagine then that the next step would be to "rename" those shares to something more "AERO like" and likely a R/S in conjunction to get the share count down to something more appropriate. (My "guess" only of say 50:1) would bring the OS down to about 95M.
As you can see in the above scenario, those 780M shares represent alot of the remaining OS.
Its important IMO to get to the bottom of these "escrowed" shares. And see how they will be dealt with.
The above seems like a reasonable scenario to me, but once again, and as always it is just IMO
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