I could be wrong but my interpretation from the documents was...

I could be wrong but my interpretation from the documents was the 1.2 Billion shares that are described in the independent research report as having a fair value of between 1.1 cents and 2.2 cents, post the merger, are put in escrow for 6 months and won't be released until February 2011, so that what is trading now is only the 4 cent shares released during the recent capital raising, which means there won't be many shares available for at least 6 months.
I stand to be corrected though, and would like to know if this interpretation is correct or not.
Gw