And if they have simply served as a conduit for other people's money rather than their own (the details of which I would like to better understand), this does not seem to be something to criticize them for if they've been transparent with the other parties. That funding would not have otherwise been available.
I've sometimes invested small amounts of money in junior mining stocks traded in Toronto Venture (aka Vulture) Exchange. There can be all kinds of fluff and hype in their so called "Forward Looking Statements". Similar stuff that I've seen here from IH. There are many ways to create baseless and overly optimistic expectations in order to collect more money from the investors.
Did IH inform their investors, at the time it happened, that the Rossi GPT agreement was no longer valid, or did they continue taking investor money using the possible "Rossi expectations"? That is one situation where we can evaluate their level of transparency if we have the info.