my thoughts exactly. it is either accredited investors they sell the stock to (REG D???) or they use stock to pay for acquisitions/expenses, that later on gets sold by the third party who received it. so technically speaking, yes, they don't sell stock on the open market and subsequently they have no knowledge of the a/h trades. one way or the other they use a dilutive approach, as revealed by the share count (the one presented on this board).
the same approach has been used when it comes to share value, they've mentioned many times how undervalued the stock is, however never mentioned anything about what the fair valuation should be?
i believe the prs they've put out in regards to the share count and/or share value have been very well worded to sound good but also protect them, as opposed to some of the other prs which sound like they've been put together by a 4th grader.