Red, most of it (the actual registration) is related to the hedge funds increasing their positions through the priv placement, but Visser is mentioned in there as well. IMHO, two very interesting issues at play: The exercise/option prices starting at .352 and .384 of the funds and secondly, Visser's lockup for 5 years. In other words, how are those two interests going to interplay? They seem relatively divergent, and aligned, at the same time. One can get out relatively quick (the hedge funds), while one can't, Visser, but both are aligned in that they want an increase in stock price albeit Visser's timeframe is sustainability over a minimum of 5 years or he's out millions.
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