It seems to me that Seth paid for those 37,500,000 shares during March 2016 (by forgiving the cash reimbursements owed to him at that time) -- read the bottom section of the Form 4
Read the green print in "Explanation of Responses" Section
In addition - Seth has worked hard for two years keeping this Company afloat and absolutely deserves to earn shares. He has done the right thing for shareholders. PERIOD!
It also seems to me that Seth has never given up and continues to fight hard so that the Company has a chance to win the lawsuit and move forward to build a solid future.
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