No, the CEO never said that! Your personal post is not a proof! The peer (PBHG) has the Same FIXED Low OS since 12/31/2019 and the Same FIXED Low AS since 06/02/2020!
Anyway the AS of KGRI has been reduced to 560M shares now based on its state (Delaware) Reinstatement document on 11/03/2021! So the OS of KGRI must be reduced to 560M or less shares as well!
So the Huge SS Reduction here is a Great News for all the KGRI shareholders!
Buying PBHG at its recent high 0.0055 = buying KGRI at 0.0067 which is 4.47 Times of its recent high 0.0015!