I know. Isnt that great? "While we are at it on making tech corrections, this is also not a reverse split" It also makes financing a lot easier to get.
The Asset Purchase made a reverse merger a moot point.
I'm not sure fewer shares would be a problem if the KATX shares at .005 are replaced by an equivalent number of BVIG shares at a share price of .13 per share. Fewer shares of higher share price actually means more share value for the BVIG shares, assuming the BVIG share prices stay constant.
The reconsolidation of almost all properties into BVIG will put the Stead's operations on a much better footing to re initiate their prospecting and drilling assuming decent financing can be obtained to finance the rejuvinated operations under the BVIG banner.