There is no issue with paying debts with shares. So, no Reg A is needed.
As for the Asu MOU or agreement, there is a lengthy history of announcements, MOU's, photo ops and the like. To date, we have not seen any revenue accrue to our company from Morroco. Is there any enduring revenue from India? Based on past experience, what makes this announcement different. ASU has not said anything that I can find.