Good points. I think the info on OTC markets is probably wrong or not updated. It states he is chairman on the S1.
Worse case scenario if that note wasn't restructured, they probably have around 8M shares to sell. If OWP knew they weren't going to be able to pay the note off they would want to hold off on news until after the selling is done. That assumes, of course, that they can execute and everything is about ready to go. Isiah and Dr Perego have been putting in money all year. Terry Buffalo is pretty successful in his own right and he has made a major commitment as well. Just going to have to wait and see. It's a low floater so it can pop right back with news.