Yes,
However, PTEL has 15.4 billion in equity that has to be moved or effect a 1711.56:1 for 9 million shares and 1 billion in PIPE as Blue Bull Venture is only 3.51 billion shares with a 616 million float a Spinoff of PTEL. Though PTEL could reset to ENTI at 99.9 million leaving the PTEL shell to Blue Bull Venture as ENTI isn't a shell company.
The ENTI peer Hold Company SREH built the MMX and converted to ABVG after buying a GOLD Mine and spitting out 2 million plus divvy's. PTEL assumed all assets and liabilities of MMX in the ENTI/PTEL/MMX deal. My SREH divvy's converted to ABVG and then went "Poof". 8000 of them. Making -1,000,000 DUTV - 7,000 PTEL = 1 ENTI cert a very hard cover as it would seem that DNA is buried under 4.5 ish billion shares at ABVG.
So as there is room at PBHG. PBHG could acquire ABVG and 1 billion in PIPE at PTEL . You'd be at a little over 10 billion in restricted equity.
Bottomline ...PBHG even at 11 billion has an effective price range of pennies to $$$.
Possible ....PBHG float to NASDAQ and Aquired PTEL PIPE of 1 billion to PGHG...
DWAC needs 1 billion in PIPE at 1000;1 for 1 million to cover "1" cert and or they have to clear the "1" cert at $99,999.99.
That would leave a 100,000,000 SS BANK or Credit Union at 10 trillion in value without buying PIPE.
Tis a shame. ENTI seems parked with a 99.9 to 99.9 million offset. With 59.9 million left on the buy/sell 10:1 would be a 599,000,000 Equity TRUST.