Sounds to me like lorsch is realizing how much hard work and how many more years it will take before mmr's products are in demand. His past attempts to inflate the share price with his forward looking statements regarding revenues, patents, verizon, microsoft, etc., have failed miserably and have actually driven the share price lower. He is not up for what it will take to build a real business so now he's looking to bail. Hopefully he'll find a buyer willing to pay more than the current market cap before he throws in the towel completely and leaves shareholders as bagholders. The problem is, to find a buyer requires that you actually have something of value to sell.
It will be very interesting to see if everything he has touted translates into any value.