They didn't sell any shares...they issued restricted 144 shares to mgmt. in lieu of salaries owed and all those shares are now subject to insider/affiliate regulations...thus a non-factor...which is a sure sign that mgmt. believes there's a plethora of unlocked value approachin' over the next several months/quarters:)
Isn't cash on hand better so instead of paying them cash they can keep the cash in the bank also if the guy takes shares that equals what not a lot of money at this PPS doesn't that tell you something