The last issue would be remaining option shares, whereby Brian and Cal's estate could buy 14 million shares each at .02. Obviously, these shares are not available now. As I see it, the main issue here would be Cal's estate, not Brian.
The estate has been quiet since Cal's death, which has now been 15 months. My hunch....just that only based on the quiet.... is Brian may have his attorneys working on an agreement with Cal's estate attorneys on some form of a settlement on these option shares.....perhaps in lieu of a request for more shares.
Otherwise, at minimum, 28 million new shares would have to be authorized at some point in time, to allow for the option shares to be obtained.
I see this as a minor issue either way. If additional shares are requested to attempt to attract more personnel, the larger this issue would become. But continued sales growth would then easily overcome this, too....in terms of pps.
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