You are spot on when you say the former CEO Russ Adler took a lot with him when he left, yes he took stock that he gave himself plus his girl friend and from what I was told he had to return money he took from FLST's account and put in a trading account that he opened in the name of FLST that no one knew about, the good news is that FLST was able to cancel all of those shares. The only person Russ Adler forgot to give shares to is his wife.
Look at the 10K it clearing says that the former CEO Russ Adler was replaced, it didn't say that he resigned.
I have no worries because Asher will be paid IMO. I did the calculations and FLST has until the 22 to pay I think they will pay by Wednesday so we will wait patiently for news