Back in January of 19 hundred and 19, so, so, long ago, the intentions for the money were:
* To pay off the convertibles (toxic debt).
* Buy back shares to pump up the stock price towards the magic $1.80/share
price mention in all the PR's.
* Fund some of the other investments, EWLL and ABML under the
Joe umbrella of companies he is involved in to help pay off
their toxic debt.
* Then up list the stock
So that, as of today, we all would have been millionaires :) instead of Edwin's minions