And usually they are pretty good at what they do.  My thoughts are initally that these tow are heads up on "a" future investor or group (think angel investor/s) that is/are willing to move into position with JB at HM.  Should an Angel group be looking they will need to know in advance as to what form of a Corporation it would be to make any deal with JB at HM and that the transition from Angle to the new Corporation would not hit any bumps with SEC in the transition.  Just a thought!  In any case JB would still be held to a CA status with this matter as it may be just that.  Having to persons vetted to the LBSR BOD is the most intriging point here and seems to me that directing the HM is a tactacal move in preporation of some expected event which need to protect invested interests of a Tendering party/Offering party.  I would rather ride a 2 Hump Camel than a one hump Camel anyday now!