According to you, Leon is a crazy crook who believes reverse-splitting to make the shares worth $3 will do anything but open the door for a crashing PPS (i.e. drasticly reduce the market value of his outfit)
''What I see is that new bucket of preferred shares is to convert the balance of the millions of so called "friendly" debt Shawn Leon talked about''. Why would any investor chip in millions to buy preferred shares into a fail company (according to your writings)?
If you are right, Leon is an outstanding manipulator knowing many crazy potential investors he believes he can fool.
On the otherhand, if Leon knows many non crazy potential investors, ready to invest on a large scale into GRST, i suggest he can outline quite a great story only him knows about for the moment (???)
Honestly, I think you just keep disparaging Leon, imagining stupid scenarios that will never be (for whatever your motivation is).
NOTE: Whoever wants to BET on this stock must understand the odds are 50-50 considering no one really knows wha Leon is up y