"What has Pillsworth been doing for well over a year "
For someone who has no investment in CCTL, he has done nothing.
But for those who have an invested interest in CCTL, he has done only good.
It would be so easy to call it quits, as Pillsworth hasn:t made any money on the company, just frustration, during the past year, even as it is shown in the Q2, him paying expenses with his own money.
So what is the rationale for continuing with this difficult situation, there are basically two reasons to continue,
one, so the shareholders, which he has a fiduciary relationship with won't loose their money
and two, most importantly,
that he does have a plan, once the CE comes off, to move the company forward towards profitability for the shareholders and himself.
AIMO