I agree with your sound prediction: “He'll continue to make false claims and empty promises to keep investors like myself from hanging around.”
And I submit the shareholder-hostile CEO's past, in order to determine his true character:
Below, more revealing comments about the CEO’s former stock play. It was regarding Cobroxin, the former name for Nyloxin.
Thinking
Looks like XCHO is close to bankruptcy IMO -They got no money -They got no ability -They PO'd their inept supplier -They still have failed to show cobroxin launch other than some piddly squat sales to a smattering of stores -Frank is still hiding and no news till; EOM -Stock down to 6 cents. -We can't find the so called Ads -I can't find the product in the stores. -NPHC trying a pathetic cannibalization with Nyloxin. Time to pull the plug.
That is what con men do! This story will end with Rik being sued in a class action lawsuit for fraud or with a new CEO and progress. There is no in between. Rik is as inept as they get. List of failed promises:
-sales in China, Japan, India -TCN deal -TV ads -military strength sales
The list can go on and on. His new lies will be exposed very soon I imagine.