I think he's just gasping for (quasi-)logical explanations to justify to himself why he sold his shares recently. Perhaps he feels a bit uneasy that he got out of a stock in which the large investors decided to hold?, particularly now that it becomes apparent that holding was the smarter move.
I generally agree with yours, that it isn't a one trick pony we are evaluating... and that a pile of cash that does more than provide for basic survival can change the equations. I also have to include in view of the forest that QPCI is now selling for around a dime, etc.
Yes, I posted an email I received from the CEO Stan Baron of Lantis only a week or 2 ago. Click my profile and review my posts and you will find it. We have a good year till anything matures from that but it is a positive JV that will pay off.