Aqua Power Systems Inc (APSI)

[Roofus]

Because you need to look at it from his perspective ….

Carnes didn’t make any money from the Tradition acquisition. He lost money from it, since APSI had to relinquish control of all of Tradition.

As a result, Carnes still has an “incentive” for his own self (not only just for shareholders) to still actively search for another merger or acquisition opportunity for APSI.