I think it's time for JB to call it quits and ride into the sunset. If there is any true value to his patents I think now would be the time to sell them. My hope is that he can find some company to purchase these and reverse engineer it to get it to a point that it can be mass produced and brought to market.
I'm thinking at this stage of the game the patents may be worth $250k which would also value his company at the same number.