It is rather simple just connect the dots. He game in, restructured the company, moved the headquarters to Canada where he lives, did a reverse stock split brought in financing, changed it name, fired all the people, brought his brother in, appointed himself Chief CEO and bottle washer, and then contracted out all the R&D and also the sales and marketing.
Yes if he came in did his assignment and left that would be a different story, but he never left, (just like the in-laws that come for a short visit but never leave). He did just the opposite, he caused everyone else to leave. So yes he is responsible whether one wants to believe it or not!
Not hard to see he created this to be his own piggy bank just like he did with the Ganthet deal.
The important thing is not to stop questioning. Question everything (Albert Einstein), because Fools rush in where wise men never go!