Yes, I've experienced this with other penny stocks, they keep the show running to collect their salaries, but couldn't give a rat's ass about the shareholders or the PPS, and don't even pretend to care.
Would require deep cynicism though, for an environmental rehab and clean water company—scientists in fact—to pursue such sharp practice, and I have to wonder whether he can realistically keep this afloat with debt or dilution given the record of incompetence he's so firmly established…
On the other hand, even if this dog hasn't whimpered its last, who isn't going to dump everything first chance they get? PPS would be an uphill battle no matter what the news, and that for a long, long time…
