For someone who claims to sit on the board of a bank, you have a poor understanding of the writedown on AVII. Under GAAP Dr. M had to write the value of AVII, the stock had fallen from $20 to $2. They didn't wrietoff the stock, but under GAAP they had to show investors that this investment, that the previous CEO made, had not done well.
Yes Dr. M sold the shares too soon. But no one has a crystal ball. If Dr. M had not sold and the shares had fallen back to $4, you would be critical. Maybe you protest too much?
We have heard these brainfarts before from you. You sound awful unhappy with a stock that should now be in profitable territory and has the potential to make a leap forward on any real news on the pipeline. I battle nitwits like you, think and rory for years on this investment. Looks like the things I pointed out are falling in place.
Had we listen to you and think and rory, well we would not be happy today.