Actually its funny, there is another asset on NXT AE called SIMGATE opened by a newbie account on NXt community called Nxtblg which was supposed to act as gateway for Simcoin (
https://nxtforum.org/assets-board/(ann)-simcoin-gateway/) Funnily enough, 67% of the asset is held by jl777hodl.
Its even more telling the same account has issued two more assets - NFDGate and NFDGateway - both of which are dead markets.
FYI. I'm the issuer of those assets, and the reason why they're "dead markets" is that I want it that way. To be frank, my landline Internet went down shortly after I issued those assets and it took the phone company three weeks to track down what was wrong with the associated lines. The first problem was a corroded wire protector at the base of the pole, and the second (believe it or not) was some butterfingered line technician mis-wiring the connection for my line in the neighbourhood aggregator box.
Call me an Internet addict or whatever, but those three weeks were really hard on me - especially since I had to try my best to field redemption requests by fumbling around with an Android cell phone. Since neither of those cryptos have Android wallets, you could say that I went through a challenging time.
Maybe I'm neurotic, but those three weeks of no-Internet hell made me lose all taste for doing anything with those gateways except (possibly) buying out the rest of the holders someday. I won't be re-issuing any of the assets I got back from redemption requests. Since I issued those assets to widen the distribution for both Simcoin and NFD, it was little more than a promotional technique for the underlying alts.
But now that you mention it, I do have to thank you for digging up James' buy. I had no idea that most of the Singate I issued is in jl777hodl!