If these are shares for an employee stock incentive plan then I'm not surprised to see them issued now in Q1. If we continue to see shares issued for employee benefits in Q2 then I will start to worry.
I think all they need to do is file a letter of opinion to make them free trading, and i believe this link below is for the 50 million, I saw somewhere where he issued 25 million for payment to the legal counsel.
I have been in a stock that paid for everything with stocks I hope he doesn't continue this, I saw what a similar circumstance did and they didn't have a debt already in place, but he is starting to pay for everything with shares. I am not sure but I might have seen the previous 75 million, it gets confusing trying to read all of these forms. He needs to slow down on the printing press, it will kill this stock real quick. I guess the 75 was for legal counsel I am not sure how he is paying Hi Octane or the acquisition either. I think the ones selling are using PERT HDSN and HILL, i have seen them around selling alot lately VFIN is in line and i have seen him destroy stocks hes worse than DOMS. But I still feel people who just got in can make some money on a pop, but honestly i would not hang around for the long haul, but thats just my opinion. SH has talked a good game but he has yet to show us his hand, hopefully he will this week, and hopefully its a good one. I use to think he was different than other CEO's but he has changed my mind, he is no different at all. Anyway here is the link i hope this helped some
Most likely The shares are sold by time you see filing, I am sure they have some form of pass thru to market financing in place, someone is buying most of the shares from them and selling them market , and shorting market , as they seem fit....IMO
News 
Market Data 
Discover 
