Reread. Key words - In addition "The Company will issue 2.5 million shares of its common stock to acquire 7,252,034,443 of Apple Rush shares (OTC: APRU). Upon issuance of the 7,252,034,443 shares, the Company will own 60% of Apple Rush's outstanding common stock which will total 12,086,724,072 shares following the transaction.
In addition, the Company will issue 2.5 million shares of its common stock, and pay $50,000, to Robert Corr, founder and controlling shareholder (prior to the transaction) of Apple Rush and Rushnet, Inc., to acquire Mr. Corr's super-majority voting preferred stock in Apple Rush."
They're buying common shares, that money goes to the company APRU. The second 2.5 million is for Robert Corr's super-majority voting preferred stock in Apple Rush.
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