I agree that COO CEO is not a fool. But the manner in which EPGL and COO "solved" conflict was portrayed by Hayes as a win. Regardless of his spin on it, I don't see it that way. I see it as a failed business venture. Since we really don't know how much it was settled for, and we don't know whether EPGL is getting any pay from dealing with JNJ and others in these semi-endeavors, to me the financials aren't true, aren't totally forthcoming. The lawyer who put out the quarterly said as much.
So maybe they have something. But I think they're overblown in what they insist to investors they actually have. As has been said many times, they're a Pinky, and Pinkies don't necessarily follow the same guidelines as big stocks do.