Oh well, i can see why he issued shares for services if he didn't have the cash, but since he did i don't know why he issued them.
Since i don't believe this to be a pump and dump scheme, i feel Alan assumed the service providers (since close to the company) would hold the stock for future value, but instead sold ASAP.
What he should have done was made those restricted, but in the end if you think about it, 700 million shares restricted and up for sale in 1 year, price may be anything, and could kill the PPS.
So i think we should be happy they weren't restricted. Sorry i'm just typing aloud.
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