Not clear at all. Do you have any sort of evidence or a link to demonstrate why you and others are so adamant that this must be so?
Suppose you are right, although I think you are wrong. Then there would be no reason whatsoever for people to purchase common shares since it's all taken care of by the smarties. That would leave no reason for anyone to purchase even a single share, no?
Even more significant, there would be no reason for the company to sell common shares, yet the 10Q's show millions of dollars of common shares being sold by the company to cover virtually all expenses.
So, you are clearly wrong about the financing.
Blind, deaf, and dumb indeed.