realistic expectations, page-35

There is nothing to support it, but it is possible this is a play of brinksmanship. If they have been playing hard to get the price they wanted they would have to follow through with a threat to pull the IPO. Pete and co have not shown any ability to pull off a stunt like this in the past, but you never know. They have their new San Fransisco lives at stake as well as the cash here. Personally it must be devastating for all involved. I find it difficult to believe they will walk away after all this effort. They must have had advice regarding pricing, it's hard to believe that price was out by so much. The announcement was very cool about whether they would try again, which would make sense if they where calling the bluff of investors. I'm not giving this idea much of a chance, but it is possible.

I think we all need a group hug.