King does not dictate what happens with this company. It should be pretty clear by now. I think he is very frustrated and has his hands tied behind his back. He probably knows exactly what he has from the science perspective, but there appears to be an obstruction on the business side of things.
I don't know, that letter was only reassuring for a brief while. The stock still did poorly and they continued to dilute at rediculously low levels. I'm still here though so I guess I trust they know what they're doing.