Allocation Media Entertainment Inc. acquired Web Global Holdings, Inc. (OTCPK:WEBB) in a reverse merger transaction on November 30, 2017. Pre-acquisition, there were 22,668,167 common shares outstanding and no shares of preferred shares outstanding, while after the reverse merger, the number of outstanding shares was 2,692,668,167, while 10,000,000 shares of Series A Preferred shares stood outstanding. As on November 30, 2017, a total of 1,485,000,000 common shares and 5,500,000 shares of Series A Preferred Stock were issued to Steve Slome while 1,215,000,000 common shares and 4,500,000 shares of Series A Preferred Stock were issued to Lee Mattheu Zuckerman. As of June 28, 2018, the number of outstanding shares was 3,092,676,667, of which Officers and/or Directors held 86.33% of those shares or 2,670,000,000 and the current float was 14,899,100. Pre-acquisition, Web Global Holdings had no operations, assets or liabilities prior to the reverse merger. Pre-acquisition, Matt Billington was the sole Officer/Director, while post-acquisition, Steve Slome became President, Director, Chief Financial Officer and Chief Executive Officer of Web Global Holdings, Inc., while already being the Executive Producer, co-founder and Chief Executive Officer of Allocation Media. Also, Lee Mattheu Zuckerman became Chief Operating Officer of Web Global Holdings, Inc., while already being the Executive Producer, co-founder and Chief Operating Officer of Allocation Media. As on November 23, 2017, Matt Billington resigned as sole Officer/Director. Mountain Share Transfer, Inc. acted as the transfer agent in the transaction. Allocation Media Entertainment Inc. completed the acquisition of Web Global Holdings, Inc. (OTCPK:WEBB) in a reverse merger transaction on November 30, 2017.