He had better spend some of the $3M raised the last 2mo. on 6B shares of dilution to buyback about 7.9B of those shares at the current price. Then and only then would he be out of the woods. I am betting the $3M is nowhere to be found....
Time to lawyer up...unfortunately. I definately didn't WANT this to happen. However, I had not choice but to let it play out after losing 90%. So...it is what it is. Good luck to you FS.