That depends on what price the stock sells for . If they let it run up for a week or so, he could sell much fewer shares and make just as much money in less time.
That's just the heavy dilution, since they have no real income there will always be some dilution, it will probably just go down to 10-20% of what it was. I am hoping this last leg of dilution sends us to 0010-15 so I can pick up some cheapies and get ready for some sort of rebound. I don't see it going past 0040/50 without major news, I would be thrilled to see it hit 0035 actually.