I think we can all agree that Parsi is inept.
Where is that guy who claimed to have spoken to Parsi and copied a portion of the email chat and said that the 10Q would be good? Funny how he's suddenly disappeared.
Unfortunately, the way I see it, the MAX value that Giggles will ever reach in the next 3-5 years is .25-.50.
The numbers don't support any more of a valuation. So, at these prices, it's probably a relatively safe bet. It might drop another 50% or so, but if they can open three or four new locations, who knows...
Problem is, I think Parsi is content collecting a six-figure salary without having to do any "real" work. His LOIs are useless.
