This board is well aware of Mr. Kidd.
He actually owns 3.5 million shares of JBII, not 2.5 million.
Are you assuming his restricted shares become unrestricted after 6 months or does the filing actually state that (I did not see it in my quick skim)?
And, it is defintely your assumption, and IMO a terribly wrong one, that he will sell his shares as soon as they become unrestricted. If he is broke or has a pressing investment, maybe he will sell some, but any half intelligent person who knows anything about this stock knows that it could be a 10-bagger this year.
So, do you really think he would liquidate all his shares for $17 million-ish when, if he holds for a year, the shares could be worth $170-$300 million?
I think he answer is pretty obvious what most would do.