You have 'your facts' wrong. This was such a great no-lose idea that Cronin decided to give it away for $500,000 or whatever he ends up selling his fsnr shares for??? Freestone Resources paid Cronin a 'cash' downpayment of $500,000 and he did not receive any stock. It was FSNR's JV partner Dynamis that bought the shares for $500,000 which FSNR used as the 1/3 down payment for the CTR facility.