Difficult to overcome a flawed business model... I think Desmond planned to create some major "buzz"... a la "The next Paypal!!"... try to drum up some early interest (which he did)... and sell out, like he did with his parking thing (I wonder if that is still in business?)...
Well... he got to $3.20, a major accomplishment, and if smart, he took a ton of profit off the table... it is now clear that this company will not make it (IMHO)...in any meaningful way...
I made a very nice chunk on this... any other hot ones out there in the early stages?
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