That's Eddie Vasker level sh*t. Years back he did something similar with one of his shell companies that was supposedly going into the cannabis business.
He purchased a couple of worthless domain names for about $ 10 each, then, with great fanfare, he turned around and sold the domains to "the company" for many millions of shares of stock. Last time I looked the domains expired (because the annual fee wasn't paid).
Poor Eddie can't catch a break these days. His wife filed for divorce and speculation is that she's using her knowledge of his many scams to extract a settlement from him. Of course, he may very well be broke.