Listen to the call at about 1 hour 16 min mark is

Listen to the call at about 1 hour 16 min mark is when the question came up. Discrepancy between what Joe seemed to be aware of and what someone from the team knew. While it may have just taken place and Joe may not have been aware is fine but what is a question is whether he realized this could happen since he is sure no one has shares. I was thinking this was probably the note he was referring to as being paid off in cash. If so, does the payment stop the selling?

If I am completely off base, pardon my ignorance as I am no expert in this type of business loan/investment.