I am pretty sure he just sold ASO for 3-4 times what ASTC paid for it 15 years ago so that's hardly run into the ground more like a $40+m profit. He rescued SPAB/ASTC from impending bankruptcy, converted $60m debt at $5 per share (not $0.08-1.18 like the IMSC CEO !!!) keeping it on Nasdaq in the process and has just given 1stDETECT 7-8 years of future debt-free runway to get established and it will. He does not say much but he's quite competent in his own way.
p.s. the proof is in the stock price pudding, ASTC is still double IMSC even after today.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.