Not exactly true. The payonline deal was paid with 3.6 million in cash and stock. They owe 4 more payments to complete the purchase of 8.4 million. Then you have the 24.5 million in financing which 10 million has only bee acted upon. The 14.5 million left in the financing is only if they need it. Now they did set the shares aside assuming they needed the entire 24.5 million. So a chunk of shares will not even go anywhere unless they act on the other 14.5 million. The 53 million shares was basically set aside to cover pretty much everything they have oustanding. Financing, payonline purcahse, warrants etc.
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