Yup - agree to a point.
That's why, IMO, he doesn't intend to take that route.
But, with this ticker, hard choices will definitely have to be made.
Choices current SH's may or may not like.
Look, honestly, what happens to the pps if he dilutes the shit out of it, R/S it and repeats the dump?
What will he milk from it?
IMO, he may be trying to prove a point to other pink CEO's - he has broken a lot of windows and is not the type, IMO, to break his own.
His PR's/deals, thus far, aren't shooting for the stars - a small, calculated deal to shore up the bleeding.
Will he be successful, IHNFI but, I think he is giving this an honest go of it.