Personally see that the Dr will keep tying up more and more of the outstanding shares. The new float after the 10K will give him a new marker to go for. And then the 10Q from the first quarter that will be released in a few months will give another marker. All the time the conversion will reduce the amount owed to YA. If I were the Dr I would maintain 25 percent and once the float reaches above 3 or 4 billion shares he will then push for above 50 percent control.
It will cost him some capital to do this, but what we saw with AOL selling patents for over $1 billion tells me that he sees the value of the IP and will want it for his vision.
"... I deplore my occasional departures from the truth. Forgive me for taking your name in vain, my Saturday drunkenness, my Sunday sloth. Above all, forgive me for the men I've killed in anger... and those I am about to... " - Mr Nightlinger