No reverse split planned, but could still happen. He believes that we will see 0.001 right after merger? That's not definite either. Restricted shares for "probably" a year. The only thing that sounds certain is the dividend.
Remember his revenue projections for the MDSO for 2007?
Remember when the MDSO got canceled on PAX network for non-payment by Mike's company, then Mike didn't even admit it was canceled for non-payment?
Did you notice WEHI doesn't pay prize winners what they are owed. Have they paid the court judgment Pagnano lost, and now is owed to just one of the past prize winners?
WEHI started at 25 million shares ealier this year. An incorrect press release authorized by the company listed it a 2.5 million shares, but public comment forced him to admit the mistake.