I don't really know how much clearer I can make this...Phil agreed to this because HE has placed his bet that JP comes to his senses and sells out to him. They both WIN in that scenario.
Obviously, JP is nervous about all of these Complaints and failed miserably on that Q&A call so he is even more nervous now IMO.
* So he either turns this around and leans on Phil OR risks fines and possible prison time. That is really what this boils down too.
Right now - Phil isn't going to lift a finger because he is watching JP self-destruct. Sure he can help bigtime but not until JP leaves dodge.
The Vegas odds reflect about a 12% chance that JP chooses the right path and that is why PPS is stuck. I think I said the obvious here but that is how it is. The only thing Phil needs to be careful of is if his company is playin games doing the books at JP's request ???
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.