Sure he's happy. He's pulling down the highest compensation in the company, he's got paid vacations, benefits, over 4 million common shares, 1 million preferred shares, bonuses and stock options. Heck, so far he's not even had to explain where over 800K shares went. And he's been able to do all of this with other people money.
And once the latest slew of pipe investors divest / sell over 60% of their shares, he can vote his preferred shares any way he wants.
What's not to like?
Aside from that pesky SEC fraud lawsuit, of course. And the Grampp suit....and the other lawsuits. But what the heck, that comes with the territory on the pinks.