Would sales from a distribution agreement show up in the company's financials? I think he's got a valid point there. If you compare what the company claims to do, namely:
International Smart-Grid Home Builder Earthquake & Hurricane Resistant Residences Independent Self-Sustainable Community Developer Green Master Planning – LEED Certified Water Remediation & Retention Storage Systems Sewage Digestion & Remediation Systems Multi-Fuel Generators
...and what the company reports in its financials, it's clear why the company dropped to this level of a shell company. Urgently needs some management direction and signed contracts.
The good about this stock is that management does not seem to be interested in diluting shareholders. Rare in pinkie-land. The bad is that there isn't really a reported revenue driver...