There has already been an r/s. That is why the o/s is so low. The shares issued to the incoming business owners will be restricted. So the float will stay low for a period of time. My guess is there will be a big move up on the pps after the merger (or I wouldn’t be here) based on the issued shares being restricted- the shell moving up to the OTCQB tier - and the anticipated company merging in. But not all is know - so per usual there is no pinkland guarantee the pps will go up from $1.5. Will depend on the balance sheet of the merged in company and how many shares are issued to said company. $GIBX
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