unfortunately I have to agree with you 100%. he has stated all along that an RS will not come until money is in the bank. and exactly as you said the last PR opened doing an RS to uplist.
Other than the reverse split of the Company's common stock initiated last year on November 6th 2008, the Company currently has no intention or plans to do another at any time in the near future. However, the company is planning to coordinate the pending $3.5 million government guaranteed loan and $1.5 million cash equity match with an upgrade of its listing to OB from the Pink sheets.
Peace, for those who defend it has a taste that those whom enjoy it will never understand.