Yes, that plan seems to be the quickest way.
Some great moves:
1) Locking up a good portion of the outstanding shares
2) Paying off 2/3 of their debt for restricted shares
3) Making a new and most likely profitable acquisition - perhaps to continue paying off the rest of the debt
Any of these moves would be considered excellent, the three together......
I am sure that they will make a well-timed announcement that will send the PPS skyward, just not sure when.
I am eagerly anticipating the 10-Q and the annual report next year.