The new guy has already blown it by his continuation of the dilution. IMO it clearly shows he has the same intentions as the old CEO.
If he was really going to turn around this company he would have stopped the dilution immediately, and shown what is plans were for turning around the company.
The entire thing wreaks scam. You can continue wearing your rose colored glasses if you wish, that's your right. I took my glasses off a long time ago to see this company for what it is.
If the R/S gets denied by FINRA then as sure as the sun rises, we'll see this company file for bankruptcy quickly.