This is an interesting part from your response that you got from the INVA IR that's indicated below:
He does not have any authority to comment Inova since he holds no position in Inova.
I believe that... "since he holds no position in Inova"... is referring to Adam Radly not holding a ”position of authority” within the company anymore meaning a position of an ”Officer” or ”Director” of INVA as like he previously held. I don't believe that they were referring to Adam Radly no longer holding a position of ownership of INVA shares.
Since INVA is a U.S. Reporting SEC Filer, such means that they are generally ”fully reporting” and file ”Audited Financials” with the SEC. Since INVA has not filed a Form 15-12g with the SEC to deregister the INVA shares with the SEC, then any selling that would have previously taken place by Adam Radly would have had to file a Form 4 indicating to the public that he sold his position of INVA shares. Since he has not filed such, I'm leaning towards the thoughts I explained above.
I still believe Adam is the largest INVA shareholder and has a plan that is already put in motion to make sure it matures into something huge in my opinion. Until something comes out to confirm what I believe, it’s all speculation, but I do really like the risk for rewards that exists here. I am still confident that the over $58 Million in awarded backlog contracts is still intact.