Hog,
You are incorrect. The shares in an S-1 are restricted. Before you make these kinds of posts, you really should read the filings.
Therefore, the earliest anyone could sell is 6 months under the 144 rule and must report that sale. The shares will be able to be sold after 12 months without filing.
By then they should doing 5 million a quarter and very profitable. The PPS will be nowhere near their .20 cost and the .40 warrants will be executed. The company will be well financed and those investors stand to make a lot of cash.
JMHO.