Investor publicly confronts $INV leadership, demands CEO Mike Otworth resign.
In a direct meeting, the investor told Otworth the company must slash overhead by 95% and halt ongoing dilution. Key allegations:
• Dark NX deal appears fabricated to funnel $2M to insiders—anyone involved should be fired
• Vital One energy drink investment was never disclosed or board-approved
• Private jet reimbursements claimed as "first class airfare" don't add up mathematically
The investor believes Otworth lied about both transactions. Despite clear demands, management has spent three weeks hunting for new capital to keep the "self-dealing dilution machine" alive.
Verdict: Otworth must go, and every deal he touched needs a full audit.
In a direct meeting, the investor told Otworth the company must slash overhead by 95% and halt ongoing dilution. Key allegations:
• Dark NX deal appears fabricated to funnel $2M to insiders—anyone involved should be fired
• Vital One energy drink investment was never disclosed or board-approved
• Private jet reimbursements claimed as "first class airfare" don't add up mathematically
The investor believes Otworth lied about both transactions. Despite clear demands, management has spent three weeks hunting for new capital to keep the "self-dealing dilution machine" alive.
Verdict: Otworth must go, and every deal he touched needs a full audit.
