Correct, and the more Khoo personally distributes , the more capital he raises, and the less he needs to rely on further financing (bank, convertible toxic debt) or otherwise.
So let the man rape the capital markets and make as much as he can.
At some point, the overhang in share supply will diminish, and the demand will take hold.
I for one, hope he continues to distribute.
I've already made my capital investment in this company and hope the gentleman puts my money to good use.