Yeah, I was surprised to say the least. I mentioned the collateral, and explained how it worked, but I don't know him that well and i'm not a prominent figure in the space so my words probably didn't carry much weight.
No one can lock a price to an asset without hedging if they want to manage risk... Not sure why they chose to go with coinapult after all, might be that Rassah and Eric Voorhees are mates?
edit: Changed Roger to Eric