IMO there's not much that can be done, regardless of the CEO trying, its clear and evident that he is operating in the best interest of himself. Some here have argued that simply due to the number of shares he owns in the public company would indicated his interest in seeing the public company succeed (he wins we all win). However, the fact he is operating his private company in ways that are closely aligned with his public company provides him the ability the win (privately) at the expense of losing (publicly). Frankly, this is the most blatant example of conflict of interest I've seen. maybe calling it out will force his hand but he's already played his hand to his sole benefit. this last example with the Sungen deal is proof there is more to this story for sure. I just don't see it playing out well for his fellow shareholders.
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