Annnnddd there she goes back to the trips. Boy, Todd really screwed the pooch on this one. I’m sure there will be enough pissed off shareholders to seek legal remedy.
They don't have to sell stock for it to be a scam, but that is likely already known. All they have to do is sell treasury stock at a nice discount to others who dump it into the market for them in exchange for cash on the balance sheet to be used to pay themselves a salary for doing nothing other than issuing fluffy PR's.