If you leave it by itself, uninterrupted, it will become a beetle and you could start your own super worm breeding project.
Or you could just flush it down the toilet, throw it outside for the birds, etc...
NICE! :D
I am glad you got a new source for your site. As others have said, shake off the last guy, chalk it up as a learning experience, and only look forward.
Even though this new guy is a friend/acquaintance of yours, still be sure that you write down an agreement between the two of...