Qtrax, Inc. is a WHOLLY-OWNED subsidiary of BLLN. This is no secret and is in every press release. It is NOT a spin-off investment. It is a corporate entity that is the property of BLLN (which means BLLN shareholders). If it is ever separately spun-off, BLLN shareholders will get their share of the pie, as the net income will be to BLLN.
The shares mentioned previously (Qtrax, Inc.) are sold to raise "Private Equity Capital." That's how they pay the bills - from this money. The shares of BLLN that are traded publicly have no monetary value to BLLN whatsoever.
The reason that these types of shares are "restricted" is because they are not a tradable, listed security. They are not available on the open market. Hence the word "Private." Just about EVERY company ever started out there was started with this type of capital. People investing directly in the company BELIEVE in the company, its product/service and its management. And yes, they may be privy to non-public information and yes, usually sign an NDA (non-disclosure agreement).
There is NO correlation between the valuation of a public company and the share price of Private Venture Capital shares. So don't try to do any math with this - it doesn't work and is not relevant. Just know that these private investors are usually very smart people who are risking their own money to bootstrap and launch a company. This is good for us small-time investors (I speak for my self here!).
KTF! And IMO Only.