he doesn't have a purpose. As far as I'm concerned, this is pretty much an empty shell at this point. There's no company here, i can assure you of that. He wiped out his share structure for pennies when he needed millions to bring this generator to market. He's probably not even showing up to work with FERN anymore.
even if he hiked the a/s there wouldn't be a buyer to be found for his worthless shares.