Ok, I've been reading your posts for years. This is my 2 cents, no pun.
JF is lazy. He knew he could raise millions without filing since his reverse split. Total Treasury 775 million shares. He used that as his ATM machine. I know he will once again look at his remaining 230 million shares outstanding (which equates to $2.3 million as money in the bank at .01 per share) So when he needs this money for whatever, he will figure out a way to file the bare minimum, get this company current and start unloading (withdrawing ATM) the remaining shares. During this time, we will see a little action, convincing people about listing on Nasdaq per say, but he's too lazy to follow through. When this spectacular event unwinds, so do you. Put that stop loss on and blow out your shares. Nobody leaves 230 million shares outstanding, especially now that they have a steady income stream. Patience fellow Pinkers, your day will once again arrive.