I may be in the minority here, but promising to release share structure every qtr is better than most pinks.
The BS about possible MM manipulation is what takes Khoo's credibility away. Seems like email was written by different people and just thrown together. Smiling B has seen as many email responses as anybody and may want to weigh in on possible scenarios.
If new shares are funding operations, I don't think anybody would cares if Khoo sells some shares. No idea if that's the case or not.
I am long here and still don't know if this is a real company.