Those restricted certs WILL be eligible to be tendered for free trading shares. The holder of those shares may CHOOSE not to sell them when eligible, but the fact is they can. Therefore we have to count them as if they are. That is why market cap is calculated for an individual stock using the o/s, not the float.
I hope you are right and they are responsible when it's time for those shares to be free. The fact is though they may not have any control over all of those shares and when they get sold. I like a lot of things this company is doing and I see more reasons to be positive than negative, but a large amount of shares looming behind a restriction a risk a penny stock investor has to consider.