Surely even JP can see how dire this situation is? Yet he still...

Surely even JP can see how dire this situation is? Yet he still continues spending like a man with endless cash and not a care in the world. Considering he committed to financing with minimal dilution, he's looking like a liar at the moment. 1) there has been no financing, and 2) there has been plenty of dilution and it looks like it's going to get worse.

Either financing is a lot closer than it appears, or we are all about to see just how low things can go. I for one can't see why anyone would throw us a lifeline at this stage. Better off letting us fail and picking up the asset really cheap. I wouldn't want to partner with JP if this is how he runs his operation, so I don't expect too many other businesses will want to either.