Dave setup a whale trap that's 21.48 times your investment.
1.6 billion outstanding now has a trap of 2.9 billion shares = a possible 4.5 billion if the price goes up.
If for example the share price goes to a penny at 135 million = 1.35 million, where Dave could get 29 million divided by 5 epoxy management = 5.8 million per manager. - This is why the share price will never go up, even if there is good news coming.