Mr Chalabian is making the right decision - he could have decided to release the shares for cash, if he wanted to.
IMO - there are many ways KKL can raise the cash if needed... Consider the ANN released on the 22nd Feb 2016, it reads;
" Royalties continue to increase due to sales through our marketing partners 3M and Star RFID to India, Taiwan, USA, Israel and South America ".
Riad Tayeh (The Chair) is doing a great job, he is a skilful operator - negotiations are clearly taken place at the higher level of the organisation, a good indication that KKL is preparing for further trajectory.
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Mr Chalabian is making the right decision - he could have...
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