That's the way I see it. Assuming the combined triangle merge has already occurred based on a few key dd points i.e., deletion of Facts Book, Audited Financial, All PRs from the Accel site combined with Accel going into a Holding Company status + the NV AAPU filing update showing the 100 mil shares you refer to seperately. And now what appears to be AAPU going into pure shell status waiting for a reverse merger, I'd say those 100 mil TCG restricted shares are now and have been for some time being sold to long term holding institutions via Holding Company Accel's market at a set price based on a formula of the daily trading volume and price activity.
Of course, TCG is getting capital, however, most important is selling restricted shares to long term institutional holders. So insiders and institutions should be holding the bulk of the merged shares. Retail like us hold a small portion of shares, hence, the reason for a potential share issuance at IPO time and this is based on the split from 125 mil to 500 mil o/s as shown under AAPU's NV filing and the upload to PinkSheets last July 31 under AAPU.
The above is IMO and speculation based on dd.