If it's not dumping share, which is possible, share in lue of cash is common for services rendered and as it's potentially, also Dave's new company. Not exactly a sight for sore eyes, Dave breaks out @.40 cents looking for funding, and as this company did the same, the reflection; years and years of promises, beating down the price with dilution and hardly much to show for it except swapped out 'consultant income' Income they would have otherwise, gained independently, 'consulting'.
They may be on the verge of licensing here, yet, been saying it for 5 years now. Now that Dave has opened the door with other prospects, ya gotta wonder just what's going on here, as Dave seems to have realized,, cash for share makes excellent income no matter what you're doing.
So, maybe share for services, and not really a good time for Dave to try funding another.