They never make any guarantees of success........ in fact if you read the filings they explicitly spell that out that they may never get the financing they need or complete anything they say they will.
Technically, he may not be doing anything illegal. They will pump and dump a stock for as long as they can. At the end of this cycle, investors begin to realize that the company is nothing more than a name at which point you see a reverse merger and a new company name. Very similar to what we see here with Zeng. Hmm interesting...