I for one do not believe at all that PQ is clever and has some grand scheme. I think he is quite ignorant and now his mistakes have dug us all in a very deep hole.

You say "A hundred million shares at 20 cents is 20 Million bucks....more than what they needed."

How are they going to get 20 cents for their shares? I don't see that as a possibility anymore, not from the current situation the company is in. UNLESS PQ listens to Bigpic and rolls back some shares or takes some other drastic measure to try and save the sinking ship (as BOUTS is eluding to) ...but short of giving up control of the company I cannot think of what else the drastic event might be.