If it was a really bad deal they would not have put in RP comments. He is leaving on good terms it appears. Maybe he was positioned to get them or represent them until they got to this point when a change was required to move the company forward. They released this after hours and said in the news that tomorrow they will be enlightening us more. They did this so no one would freak out and to minimize any incorrect abandoning of the stock.
Looks like they are playing this close to the chest for sure.
Also it appears as though one of the 16 has been hooked and we are in the process of landing the fish. :)
We shall see tomorrow what unfolds.
The news that was supposed to draw the attention of Micro Caps interested in IP companies appears to be ready to be released.
JMHO