I'm racking my brain here. $15,000 does not sound like much money. At least not enough to make it worth his while. Then again, he may have seen a Rolex he couldn't wait to buy. But why trade $250,000 in fees for $15,000? It makes just as much sense to give yourself 3+million shares that you know are going to be worth $1+ in the next 6-12 months. If I'm reading Rule 144 correctly, he can't sell these restricted shares for at least 6 months, am I right? What a soap opera this has all become. Personally, I'd be embarrassed to be running a company like this. Or maybe this guy is a genius. I have no idea. But I can't sell my ticket to this circus. It's too entertaining. I'm certainly not upgrading my seat, but I'm staying until the curtain drops.
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