$INV shares trade well below book value amid mounting investor distrust. Key concerns: Management credibility damaged by "Dark NX" controversy. Company allegedly structured to dilute common shareholders from inception, contrary to claims of external portfolio funding. Bloated overhead at $3M/quarter (investors say should be $1M max). Unclear cash needs and future dilution. Board independence questioned; no 8-K filed on Otworth's transition—speculation he still controls operations. Accelsius capital raise reportedly blocked by Innventure; terms unknown. Management and board silent, appearing paralyzed. One investor pegs intrinsic value at $3/share if leadership issues resolved. CEO Bill facing criticism as "out of his league."