Company may issue restricted stock to vendors and employees alike if they accept, but with a DTC chill on the stock and most brokerage firms not accepting certificates in this price range,hard to imagine many outside vendors accepting restricted shares for services.
If I understand situation they have registered some stock under s8 which means that some free trading shares can be issued to employees and consultants etc.
As far as company like this being able to issue shares and sell shares on open market I for one do not know how they would do that, that is why the earlier post about company selling shares on market-if I understand it-caught my eye.
That is why I am curious since no new convertible announced since 10q, and less than $5,000 in the bank how is company meeting basic expenses, how is it preparing for their forecast fall production ? $5,000 wont even cover the next 10q filing.
