Speculation is a word we can use for almost any penny stock, especially with this one because of the lack of no official news from the company....imo
I e-mailed the company and was told that MMA was still included in their business plan, so not sure we can say Peter K didn't or can't close the deal. We really don't know anything, they've kept this pretty closed lipped.
I also don't think many are counting the chickens to soon. I think were all very optimistic. Many here have been invested for a few years.....
Peter K is still pushing forward on this and you yourself said he's a pretty smart guy. He's invested in this and has a lot gain if this does well, more than everyone shareholder for sure. He's even invested some of his own money, so it's fairly safe to say he's doing his very best to sell a solid business plan....imo
We should know soon enough and I'm more positive than ever about my personal investment in this... but that's just me.