Wouldn't they issue shars upto 1 bil first and do the R/S in that order ?
Of course they would!
To R/S the stock first, and then increase the A/S to 1B shares is absurd.If the A/S is 1B shares at the time of the R/S, it will be cut to 100,000,000 after the R/S!! It will not be increased to 1B post Reverse Split.