I agree that the tech has potential
But AYSI doesn't own the tech, it licenses it from Gene, right? It does have other assets of value though, such as the supply contract with BHP and other distribution agreements, as well as its production facilities, etc.
If only Gene didn't own the majority of the company's shares, it might attract a nano-cap activist investor.
There may be other avenues by which we can influence AYSI management to act in a manner more considerate of minority shareholders though.
As a first step, perhaps we should select someone to represent us minority shareholders, agree on a set of reasonable requests WRT reporting, etc., and contact the company with them. If they ignore or reject those, we can look into a range of other possible actions (e.g., contacting regulatory agencies here and in the Australia, retaining a securities attorney to consider legal action, contacting the company's corporate clients, etc.).
