I don't have PM but agree with pretty much everything you said.
After looking into the REEDs offering, they priced it above the current price like LTG has been speculating and I think we'll see that with GIGL. Joey knows shareholders will not participate at a higher price, which also means he won't put out "expansion" PRs until April at the earliest.... :/ IMO
Exciting stuff. As incompetent as Parsi is, he still has one quality that trumps his innumerable short-comings: a love for money. That's the only reason I've been holding all year(and it's been tough), trusting that he wouldn't let his investment be lost. Looks like he may be coming through, if only by bringing someone who knows what they're doing to the table(and has deep pockets).