Please don't support this type of behavior. All you do is encourage him to do it again. Just on a new round of unsuspecting bag holders. If I was shareholder and lost money you should sue him. He embezzled company funds and failed his fiduciary responsibilities.
Well now they are in the money ;) Things change . In two weeks they have a subscription base bringing in over 120000 and this is just the beginning. Could turn out to be in the millions easy