CEO response to Shareholders letter, page-61

I think im working the CEO out ..
he knows he can wait until 3c before he needs to act on a buy back
and then ann a Dividend soon after Buy back closes .
Expansion of stores will slow down now to free up cashflow.
coincidentally the CEO 55% escrow expires in 2 months ..its scarring the pants of minority holders down to 3c and hes playing on their fear...to buy them back at seed price.

After he cleans out early seeds and reduces shares on issue with a Buy back ..the EPS will Jump up hard for his 55% holding ... which makes paying a dividend even easier in future years .
.
Just my speculation at this Stage .. imho