Yeah, it's interesting that they chose to issue shares as freetrading instead of 144 restricted. I asked Adam about it and he said that although they were issued as freetrading, he believes they are contractually locked up for several years.
In addition, around 1/2 of those shares were issued as a deposit which are planned to be returned and canceled within the next few months. I think this was also eluded to in the latest PR. I confirmed this again with Adam yesterday, and he confirmed that this is still their plan.
We shall see. GLTA!