The 87,000,000 shares are not restricted from sale for any period of time. Please link to that within any document anywhere on the internet.
You said:
Source?
Maybe you were talking about the shares being free from Consolidation for two years... That Only applies to Reverse Splits based on the above quote from SEC documents. But I don't really know what you were talking about. http://blog.shareinvestor.com/share-consolidations-and-share-splits/
I'm not able to respond to PMS.. Nice to hear from you though.