Trouble with MicroPhase selling is MicroPhase's own problem has spilled out to affect innocent Amplitech.
MicroPhase was acquired by that super-crook disgusting DPW Holdings helmed by Todd Ault III (just look at his photo, I don't judge by appearance, that's what kids do, but.... he so looks like a crook).
So DPW Holdings owns MicroPhase & DPW is in mega-trouble, it's on "life support", it ruined itself with CryptoCurrencies, blind faith in BitCoin - thanks to chairman Todd Ault who was previously sued in the state of NewYork for operating illegal Strip bar or something. The man used investors' money to buy a hydropower dam in upstate NewYork to feed hungry BitCoin mining farm, so DPW owns MicroPhase which in turn wasn't in great shape before DPW acquired it, anyway.
SO you can imagine why MicroPhase is selling Amplitech cheap - MicroPhase needs money, ANY MONEY from ANYWHERE even at great loss, it needs money now or go bankrupt.
This isn't Amplitech’s problem but unfortunately Fawad sold so many shared (first batch was worth $0.3Million) to MicroPhase back when I was in Maryland, I remember, now MicroPhase is dumping it.
Meanwhile, Amplitech’s problem has been for nearly 2 decades & remains - lack of college educated engineers. Not the hacks who "learn on the fly" coming from unrelated fields. There's only one real engineer there - Fawad himself but he runs a business & he's beyond age of curiosity of dealing with details/small things, he is a visionary, yet he never got the 2nd, 3d, 4th.. hands to design. His brother doesn't count b/c despite formal Electrical Engineering degree that man is actually Computer-focused EE & even that is ,ore soft than hardware. He wouldn't know what poly-Si gate is & why it isn't in microwave pHEMTS, deep stuff like that.
Form time to time you must suffer. I use Library as office nowadays as GE & MAXR ate $90,000 of my assetts so I can't pay Office rent. Well, at elast I can rent an apartment but prefer library as office, to isolate noise from the building. What led to it? greed. I bought so much GE & MAXR after making quick gains on them initially, and giant gains on NTNX & MYO, which then evaorated & went into massive negative before I realized my greed prevented me from selling when already had enough gain, I wanted more... got less.
