It appears that this may not be so much of an issue for the...

It appears that this may not be so much of an issue for the Company than for the recipient of the shares. The aggrieved party in this oversight may be the shareholder(s), where the market price may be have been affected by a dump of shares that perhaps should have been in escrow for 12 months, or to the shareholder(s) who purchased those unapproved shares and have those landed in escrow. The direct penalty to the Company is that it may have its shares placed in extended suspension or given a wrap over the knuckles.

In any event it should not affect the business of the Company or should it have adverse effects on its share price. It should continue to build subscribers and I'm sure we all look for a positive announcement to that effect. The Company's business is in the right space and will break the share price doldrums when it is able to announce positive growth on a regular basis.

Disclaimer: the above is not legal opinion.. simply my personal understanding...