I may be cynical but have been burnt way too may times with CEO's running these things. There is no accountability to anything they say. The only saving grace would be stating it through a PR; I have also seen the PR thing happen and still they go back on their word. The PR would be written with a loophole of some sort. Who do I believe in this world of money and greed? My parents. That's just me though. Everyone are obviously entitled to their beliefs. You just will not catch me believing anything what these CEO's or anyone else controlling my money state.
With that said, I do not know of anything that Lieberman has done in the past with other companies or this where he has done something opposite what he has stated.
I also do not believe he will RS. I think everyone debating this should look at the only true fact that is staring everyone in the face on this:
He has NO preferred shares. He has 1 billion COMMON shares. He does not want to RS this thing. It would affect him just as much as yourselves. If he had preferred shares I would suggest watch out, but he does not. This is the ONLY thing here that would make me sleep better at night regarding the RS thing being debated here. I do not see it happening if only for this reason. I don't really care what he says, for me it is stated on the last filing. He will not RS for that reason.
Now, if it does get RS'd, it would be because he sees some sort of value in doing it, and he does not believe the price would immediately start to fall like most R/S's do in the pink world.
There is nothing he is doing right now that is making me think this is a typical Pink company. If there is dilution, it is very little going on here, the bare minimum required to keep this company going until the company develops into what he and all you longs envision what this company will be.
