Good idea but bit off more than he could chew.
SP's past experience with pinkies, has him wavering between supporting the stock vs. supporting the company. Attempts to play in the sandbox with bullies is a whole different game.
One has to ask, if this was the next best thing then why wasn't he able to secure private financing (non toxic) given numerous big name fish swirling the pond (Marriott)?
His high level discussions in NY this week are not the first. See winter 2010, where he presented to investors and came away stating that they had now secured debt financing, to be secured by contracts. What happened there? What happened to contracts? The only financing since then is more convertible notes, 504's, shares for services and other company funding through share sales.
Play the stock or play the company, this is Pinkie land. We all want to discover the next TASR launch from Pinkie's to big board.
It's funny how things have changed, last year you thought I was picking on you for the exuberance you came in with. Not a problem, just interesting.
All IMHO. GLTA
D
