Ann: Becoming a substantial holder, page-15

There is no sell down.

There is downramping by @michaelhp though

The directors and founders have been out of escrow since early 2017, and not a single one has sold a share. The founders did *technically* get their shares for -zero- when making a 3Y disclosure, as they were the original vendors into the prospectus. Its not right however to suggest that they have had a free ride.

The prospectus notes that about $1.5m of seed was put in by the founders, plus professional equity as lawyers and engineers - which created the foundations of the company.

I dont think that just because the directors/founders have put their shares into their own entities and broken them out of iSignthis BVI that that is a sign of a sell down. I think its just the logical step past a key milestone, which is that the performance shares have been issued, and they should now disclose who has what.

Given your background as a 'professional', you're overlooking some pretty fundamental data and evidence. Ill read into your license comment that you are retiring rather than having been banned (as @Dineen implies), and give you the benefit of the doubt due to age and failing faculties