Mr. Hamilton sold 200,000 shares for $ 1,800,000 that he had to pay $ 1.02 each for ( actually he did not pay anything until he sold and exercised on the same day !! )...   I don't feel to sorry for old Hamilton...besides at the next stockholders annual meeting he will be given more options to go with the 200,000 he has remaining.....

I had a hard time finding what Mr. Hamilton paid for any of the shares he had???....I don't think he ever bought any shares ( I could be wrong)...just exercised options and sold them at the same time...... 

Let's face it most of the original directorships in "speculative" companies are "paybacks" to "old friends" for similar reciprocal  appointments !!  It is  sort of a club......