They didn't purchase 68 million shares, they purchased 1000 preferred shares, with liquidation rights worth $700 per share
And conversion to common at .0103 per common share for the $700K investment.
As long as the price stays above .0103, they can liquidate at a gain. Also, since they hold less than 10% of the common, they don't have to file Form 4s when they do sell. Maybe that's why they never took their two Director seats on the board they were due.
News 
Market Data 
Discover 
