Umm, what the heck are you talking about? The AS is 75 million, where are you getting OS numbers near 300 million? We already know the share structure post merger.
On the terms of the new SPA (merger), Mike and Sunlogics Power Fund Management get 20 millions common stock and 20 millions warrants.
This mean the new OS is..
Represents the percent of ownership of total outstanding shares of Common Stock based on 46,960,728 shares of Common Stock post acquisition of Sunlogics Power Fund.