The discussion began with CM recalling a mention by Glickman that Fernandez would buy up the entire float if SP goes to low, which is highly unlikely. This has never been done by a CEO before; from what I have researched. There are currently very few buyers, therefore doing so wouldn't help them (imo)
This CEO is the root of the issue here, NXPL hit 52 week low on Monday. He can't sustain his other company PPS and I firmly beleive the same will happen here.
I think at this point IR will say anything to pacify investors calling in to get some answers.