Re: AERO getting escrow...
The main reason they did it this way was to keep the post merger O/S low so that the PPS would by higher after the merger and that makes the chance of uplisting to AMEX much stronger much sooner.
But there's another more sneaky reason, I honestly believe Peacock and team anticipated the shorts/bashers/MMs would prophecy massive dilution as is done with most pinkland crap and that those entities would heavily SHORT the stock believing they could cover easily when this BECAME diluted - WHICH NEVER HAPPENED.
NO DILUTION = MUCH LESS SHARES TO COVER SHORT POSITIONS WITH
Peacock and team knew that a genuine short squeeze would be an event which had powerful chances of exponentially increasing the PPS in the shortest amount of time. A short squeeze which drives the PPS to the moon might open the door to a faster AMEX uplisting.
And even if they still need to do a reverse split, it might be in the range of 2 to 1 or 3 to 1 with a short squeeze, and no more than 6 to 1 without a short squeeze.