True but that kind of move would drop company ownership (Retirement of currently held shares in the vault)....
Now if they have all the shares in hands they want them in privately...then they can pull shares off the shelf and retire them increasing there private holdings (by share equity) and/or they continue to a buyback and retire again...(this allows several moves and helps avoid some tax issues of pulling $$$ out of the company as salary and or divys.)
At this point in a company like this with so much up side and actual revenue potential the people at the top want to retain full control and reap all the $$$ benefits they can. Keeping in mind there are huge tax issues if they pull cash out.
I do not recommend Stocks or Boards....I am just here to make some change for another Rusty Nail...I do not know CHIT…. TO GAIN IN STOCKS....SOMEONE....SOMEWHERE....IS LOOSING...be nice to others