I guess the telling thing would be when the company raises funds. FB has a number of choices which may encourage or concern exisiting holders:
1. General SPP where the company's shares on offer are increased at a set price. FB etal retain their current holding albeit diluted;
2. via 100% debt placement. No dilution and FB etal retain their current holding;
3. FB etal cede a proportion of their holdings at a given price then loan Audio pixels cash;
All the above is pure speculation and expecting much more astute holders will question or offer further in relation to the above.
If this were to be a ruse, there is no easy way for the big holders to escape with a significant level of cash.
gltah.
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