Yep, eventually all these shares will end up in retail hands - people that actually care about the business, see potential, and are not looking to sell for 30% returns. Sucks now because there's not a lot of liquidity to soak them up, but this is THE opportunity to get in the stock at as close to private placement prices as possible. Let 'em sell the last of their stash, in the end, it just means less shares to be sold on the way back up ;)