i got a call back this afternoon from brian kistler of ADCS and he confirmed many things for me: ~they are not selling shares and have no plans to do so anytime soon or to change the share structure in any way. ~they are in control of all of the preferred shares ~the share structure of the company is exactly the same as when they acquired the shell. ~the deal with Vstarr is better than 50/50 for ADCS ~the financing is non-toxic.
if you have other questions you can contact Brian at 206.450.8823 and leave your questions on his voice mail and he will return your call.
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