Debt were on the books. They got rid of all the debt thus the added shares. This is debt free other than 55k. We also have zero clue how large the company is. It's written on its background it's import / export like what others have been saying like SPZI. The increased shares are for control purposes especially with many players. All of which are restricted for a long time.
We don't know a ton yet about the new company. What we see with the info so far is that it is a functioning business. That moves it to the head of the OTC class. They had enough cash to buy out Tad's 100,000 preferreds plus about $3.6 million for the commons. That is a pretty good down payment. And there is the note here about registering as an import/export operation. There seems to be something bid coming and if you are smart you will get ahead of that.