Since he was one of the co-founders of Sitka, you would think he would have had plenty of stock before he opened up for business.
Why would any business owner want to limit their liquidity as they are opening their doors? How many business miss forecasts by nine months? Seems logical now that he should have had more stock to begin with, but hindsight is 20/20. But, back to my first point. Many businesses fail due to undercapitalization, he dumps his cash into inventory and it sits on shelves...so does his cash.
