You act like he easily could have done this. Remember, he had to meet deadlines as far as remaining listed, hadn't gotten anyone to really invest, and now would suddenly have a stock priced at 6 with inst waiting to knock the door down? Hardly.
He did what he could. And now you have a stock firmly priced around the 2.5 range. Not bad at all, considering what this was trading at just a short time ago....considering nothing substantial has actually happened.