There were 8.185M shares in escrow, to be release as follows: 1. 1.214M if 2009 pre-tax results met $28M target (I believe they did) 2. 1.795M if 2010 pre-tax results meet $27.772M target (as appears likely) 3. 2.177M if 2011 pre-tax profit meets $31.38M target 4. 2M shares if share price reaches $20 prior to 4/13/2012 5. 1M shares if share price reaches $25 prior to 4/13/2012 Here's hoping they reach that target.