There really is no connection between the placement of product, should it even happen, and the settlement of all outstanding debt. The two do not correlate. The outstanding toxic debt is the key to Joe ever making it back to market.
Recall, when Veal was there that he said as part of the agreement with the SEC, they would make regular statements to SH and update them on progress. We haven't heard anything from Joe in close to a year, so that statement was not truthful.
Besides finalizing the debt, they'll have to somehow come up with the funds to purchase a shell, reapply and pay to relist, announce a real executive team and hope that a MM will endorse them for trading. All outside long shots in my opinion.
I keep asking myself this. If this phantom Gene Gilstrap has so much invested in HJOE, the stock, don't you think he'd want to do everything in his power to get back to trading so his dead money, in the hundreds of thousands can actually make him money? If he's got that much $$$, pay the toxic debt, make it go away and put up the funds to get back to trading.
As far as I'm concerned, Gene Gilstrap, the supposed CEO, never existed except in print.