it is great news for all of us because the less shares there are the more value the rest of our shares become. simple.
you make statements with nothing to back it up. he has been invested. he is investing. he hasn't sold a single one of his shares - listen to the last conference call. he has just made his shares and the rest of our shares more valuable.
The 110,000 @ .03 was restricted and reduces to 3.666.666M shares of 1 yr duration. So which are the common shares you're referring to ? the pumpers will be out in full force now trying to get their money out... What's the issue here, SH confidence?