Oh, well your use of the word "everything" to mean only selling preferred shares threw me off...but that being the case, I have to disagree with you.
From Eddie, post 4406:
I see nothing here requiring the stop sign to be removed prior to selling preferred shares. Nor here:
Post 4020 (I recommend you read this entire post)
My understanding from this and other posts that you can read without me quoting all of them - Eddie clearly states the need to be current in the future, and believes it will not take as long as the first time (4 months), however, there is never any indication this is a requirement before selling Preferred Stock, as he says, "it's post-revenue" ... not "post stop sign removal." Oven lease unit funding provided interim financing to stock inventory, remake the branding, pay to have financials completed and audited, and prepare for launching of website. I expect sale of preferred stock will commence as Eddie has stated sometime in the next week, regardless of the status on pink sheets
But you are right, Eddie does have a strong anti-dilution stance, and many of us believe if you take a position now, you will not be waiting long to see serious returns on your investment.