Ok, let's run with those thoughts.
We don't even need three locations to get the pps going. Just one new location and the sentiment about this company will get back on track.
Parsi needs to quite swinging for the fence every time at bat because he's striking out too often.
But that is how business is done in Hollywood, which Parsi seems to have adopted as his MO. Always think big, regardless of the reality of it all.
I like the idea of him exchanging his shares with a qualified CEO and stepping aside. He doesn't present well as a CEO. As a founder, sure, founders are pioneers and often are a bit odd. But as with most companies, it's time for the founder to step aside.
The problem is, he won't. His ego is too big and he's driving the company into the ground. He's backed himself into a corner now. What's the next move? No one knows.
The pps won't rise without progress. The offering is a bad idea to begin with and is also dead in the water.
So, what's next? It's a mystery. There doesn't appear to be any specific, concrete plan to move forward.