I know. If Hoffman ran this like a business, the PPS would be at the post R/S value of $5/share or better. There was very little share movement when I got in. \\
I think he boxed himself in a few corners and the only bailout he could come up with was the share conversion ATM machine. His withholding the new shares to the bag holders for near a month .... every single one that was caught in the R/S.... Well, that speaks very loudly of what his true character is.
The PPS should and would be well over the NASDAQ $1/share today. Dilution.