I have a few questions. Please let me know if I am

I have a few questions. Please let me know if I am interpreting this correctly:

As of now, the outstanding shares per the 10-K is 693,367,942, with Authorized Shares at 750,000,000.

We understand that Pasaca Capital will be obtaining 51% control of QMC. Per the 10-K, It states that the Common Stock that Pasaca Capital Beneficially owns is 249,661,287 shares:

https://imgur.com/6OkimFw

It also states that Pasaca can convert a Senior Note into 154,228,625 shares. They will then, at the second closing, "purchase common stock of the company in an amount such that, after such purchase and the conversion of the Senior Note into the Note Shares, Pasaca will own fifty-one percent (51.0%) of the fully diluted common stock of the Company."

https://imgur.com/CaglnYy

If they already own 249,661,287 shares and intend to convert 154,228,625 shares, they would then own in total 403,889,9112 shares, which will require an increase of the A/S to approx 850,000,000 shares. This roughly equates to ~47% in ownership.

So my question is, will we need an increase in A/S to 1.8 billion like we previously theorized? Will we only need to increase the A/S by perhaps another 100,000,000? Also, wouldn't Pasaca counter-act the dilutive effect of this when they purchase additional common stock to obtain 51%?

Thanks in advance.

My posts is of my opinion only. Please conduct your own Due Diligence; this is YOUR investment.