If you research reverse mergers, you will find the answer. This is a textbook reverse merger. There is often a R/S with a reverse merger, which is often followed by issuance of new shares to shareholders of the formerly private enterprise. While Novacab wasn't public before, they still had investors/shareholders; and this probably includes some of the board/staff. This isn't a bad thing necessarily, unless they all decide to dump their shares immediately. I think we need to eschew our conclusion jumping at this time, but hope that in the meantime (while we wait for our shares) that this thing isn't driven into the ground.