As management, the director shares must be reported for sale in SEC documents in advance as you know, and at current prices makes them fairly illiquid and of little value unless they can get a solid volume and greatly increasing pps which would help everyone. For now, I interpret that as unavailable float.
In review of past ICLD financials, their directors were historically paid partially in stock for (quote) "services rendered". This is true of the current arrangement in MVTG for a company whose 2013 EBITDA was about $2 million.
How fair this is may be open to discussion. They gave up benefits, etc. in ICLD as well as payroll. It is usual practice to liquidate prior stock holdings in a parent corporation (ICLD) which often comes a far less than market value. In short, I see this as an exchange and not "free" stock. Time will tell how this will play out. Certainly each person is entitled to further research on this. GLTY
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