so, assuming the CEO gets 15 million shares, and there are 3 million warrabts out, that would show that they are issuing 25 million shares, leaving only 15 million additional shares available to "build the company" if we are to believe that they will not issue additional common shares.
I wonder if they will instead issue preferred shares, which we all know are senior to common shares. That template has already been used, and we know what that happens at that point.
I believe that is their plan.