I think that depends on a number of factors. First, Jay couldn't sell more than a couple thousand shares of MLOG per day....if he could find anyone willing to buy it. Otherwise, he would totally crush the price of the stock all the way back to a couple of cents. There just isn't any market for this stock, and flooding the market with "whatever it is that we own" just isn't going to work out.
Second, the company isn't making any money....at least, not that I can find. So, owning 35% of nothing still comes out to nothing. I'm glad we don't own anymore than that. We can't afford to be any deeper in the hole than we already are.
stockdoc