Matty,
Your post: "He just does not get it."
The longer that this stock stays in limbo with no / limited trading (depending on what EDI you use) and the longer that issues remain unknown and unresolved for shareholders, the more likely it is that JP does get it. And the mgt / legal team "got it" long ago. Some might say that's pessimistic. I say it's realistic. I've had too much experience with pink sheet operators.
On one hand I'd like to think that JP is on the up 'n up and we will have an accounting for what went wrong and how they set things right. Couple that with good production news and KGLJ goes UP!
Reality check: On the other hand, I will not be surprised if JP was singing his song to John just to buy some maneuvering time for legal games. Seen it done many times before in these shark infested waters.
So here's the challenge:
Get this stock right side up by disclosing ALL to shareholders ASAP! Prove to us that the recent issues have been dealt with properly, the SEC is satisfied, the brokerages are satisfied, and KGLJ is a revenue generating legit business with an acceptably clean structure. A continuing failure to do so increases suspicion - and rightly so.
FWIW: JP and his legal eagles must be smart enough to know that a combined shareholder suit will put a clamp on precious time and resources.
Tick tock
