Kenneth Nash co-founded Kensey Nash (KNSY), spends 11 million dollars of his own money to develop the Rheologic machine. This money came from the sale of his shares in KNSY. His company is private until Ostara announces they have acquired a 90% stake. The information I found, his trust fund (may) still hold 1 mil shares. Latest quote for KNSY is around $30. His trust would be worth around 30 mil. If in fact his trust still has that amount of shares, why would he give up 90% interest in his company? Especially to a pink sheet company? Is he in need of monies? He could easily take Rheologic public himself. The common connection I can find, both companies have a Penn address.
Just wondering out loud!!
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