There's a huge element missing in your essay and that is you have not factored in that there were only approx. 25M shares outstanding at the time the stock traded in these ranges. So i would disagree that "the investment in Fancamp was hundreds of millions"

Tony's point is very clear to me. We are near an all time low with close to 180M shares outstanding F/D - a market cap of less that 8 million. Peter and his friends have certainly made a lucrative living over the past 3-4 years while loyal investors have suffered.

Is this company better off today? Did Peter steer the future of this company in a healthy way? I would argue he has not and i could ryhme off a list of facts to support my case. I just wish there was more accountability from the Board to recognzie this. Oh but wait, he's the chairman!