For sure, this company has a lot of room for recovery shortly based on their financials.
Sentiment: Strong Buy
Sorry "jeeek5", short covered in the morning then in the afternoos was the normal trend FIO has, mainly after the participation in the conference where noting new was reveleaded, more doubts were created.
Since they are the funders of the Company, most of the patents must be in their names and you are right, they can licence to other companies or sell to Google/Apple for example if they can make a nice amount of money to funding their investmen venture. Some one will say they will continue in the Board of FIO but nothing force them to maintaing the patent licence to FIO
Closing price already started. Evaluate previous days and you will find what is the EOD. Tomorrow without any positive support (updrades), the price will decline again 3%-4%