There is motive for George to lie. George showed his emotional attachment to the stock's price when he got so upset when that document surfaced a while back that showed Leon did not work for Calypso anymore (or so some of us thought). It is George's job to give out positive information about the company to keep the share price up. The share price is extremely important to the company so they can raise financing. I, personally, will never trust Calypso until they show revenue on their SEC filings. There is a history of misleading/deceptive information with this company and for them to suddenly have 12 NDA's is very suspect to me.
I also totally agree with what Tainaor is saying about the price of the stock going down over the rest of the year. We all know that the company needs money to continue operating. The main way they are going to be getting this money is through stock sales. These sales will create a lot of downward pressure on the stock. We have seen the first wave of it already (driving prices down into the current range). Additional waves will, I believe, draw the price down to all-time lows for the stock. It will eventually drop down below the low of .66 before it makes a climb too much higher.
Good luck.