Didn't another blog say $8 million? They note three (3) investors, and it is pre-negotiated. They are identified, why not list them as selling shareholders and not a "shelf"? Also, why an S-1 and not a short form registration?
Just like Eric asking for accounting advise on a blog? Who was the one who told Eric his financials were "STALE"? And who noted the regulation explaining it? It could have been the same person who called a HARVARD JD grad at the PCAOB on K Street in DC on Terry Johnson.