sellout

It appears that either someone wants out.... whether this guy or another.

After re-reading the statement/ann one this I find interesting is this comment.

Terms of agreement includes,
The issue of 225,000,000 shares and the options exercisable within 3 years at 5 cents each.

Well the value during the negotiations of those 225,000,000 shares was = $11,250,000. Now the value on market is less than $5,000,000. Either,

1) They saw this sell off coming
2) This is temporary
3) A broker is going to support the price?
4) A renegotiation may take place?

It seems weird that a value of shares not a number of shares has been used as the negotiation item. Surely the value is important to the seller, otherwise we may have well as purchased this with seashells.