I shared what I know, didn't throw in the towel at all.  My hope is to nudge fc out of his situation, hire a CEO and get rid of Dave and all other people who are not there to serve shareholders.
There was serious infighting between fc and Dave.  Fc is a young guy and people took advantage of him.  He is now the fall guy, a scapegoat.  
The company didn't adjust as it grew with getting good business managers.  Management didn't listen to good external business advise.

The board of directors FAILED the shareholders miserably.  The board should have acted properly in shareholders interests, but what do you expect from a board made up of investors who purchased the seat instead of really doing it's fiduciary duty to the shareholders?  Although a couple board members really tried.
This david guy would be the last person I would invest a penny with (this is my personal view only).  AM is bankrupt.  The question now is, will certain people steal the IP from you the shareholders, find an investor and produce the chip with hopes of making personal gains out of this situation.