Well therein lies the puzzle. How will anyone know if the 'old' shares are retired and the 'new' private placement is actually consumated?
If the outstanding shares drop the reported 24M and then there is a placement of 27M shares doesn't the final number look just like we've seen over the last few weeks with the now all to common 3M per week increase?
Is there going to be a point in time to actually see the OS reported by Stalt go doen and then back up or will it be 'hidden'?
Of course if it were a reporting company you would see the filings to confirm it but.... cie le vie.