I believe Boyd has devoured the entire company including the money in the bank account. He has grabbed total control of everything (BoD, transfer agent, bank account, lapdog lawyers, etc) and by not filing a 10q he’s officially made us a non-reporting pink for the foreseeable future. This allows him to issue all the shares he wants, secure whatever kind of toxic financing he wants, and take whatever money he wants without anyone even knowing about it.
But putting out a PR solely to announce that he promises to be SEC compliant by the end of the week only to have that entire release turn into an intentionally misleading, unmitigated lie, can easily turn out to be the SEC noose Boyd will hang from.