I'm sorry, but this guy is so full of shit that it's actually funny.
"It's the contract, not us".
"We have no control", except for the fact that he sold them the shares. lol
"Everybody else is stupid, and that's also not our fault". lol
"The company doesn't benefit from dilution". Except that we got paid for those shares.
Good Grief, what a load of horse dung!!!
I don't blame him for doing it, but he could at least stop pointing the finger at others. It's THIS company that has approx. 15 of the numerous notes in default. Around $1.8 million.
And that's not counting all the debt.