Yep, that's right, all this is being done behind close doors, off book, ((((((so the hedgies can't take advantage of it))))) so all the money goes to former share holders who signed the release.
Excuse me ,based on your statement here I presume then you DON'T THINK THAT THE HEDGIES HOLD ANY ESCROWS!!!!!!!!!!!!!!
Personally I feel they OWN THE BULK OF THE ESCROW SHARES MYSELF