"As for diluting and him saying not to worry about it I think I am right as to what he meant and that he knew the PPS would suffer but when everything started to fit into place revenues would bring this company over the top."
So say I went and robbed a bank for $500,000. Later on the cops question me since I am a suspect and I say "no, there is no concern about me robbing the bank. I am just borrowing the cash to buy this supposedly multi-million dollar business that is basically the same as many others already on the market. I will certainly return the money back to the bank when I see fit. But as for now, there is no concern for me stealing the money".
Does this sound familiar? He said "there is no concern for dilution". Two weeks later he admitted in the interview he was diluting. So isn't that misleading, he said no then yes. For those two weeks he continued to pound the pps down with 50 million even 100 million blocks of shares under the bid. How can you twist what he said into anything other than a lie? In my mind it was like he stole that money from those buyers. Just my opinion but these are the facts.