This kind of stuff is really the best that Softbank could find to invest in? I am not sure I would want to be one of the people who pulled the trigger or advised for these deals, when the backers start asking where their money went.
After they clean the company up it will be a good business. It's just not a tech company and never was a tech company but there is still good money in leasing office space for $1, making it look nice and then subleasing it for $4 or $5, they just need to knock off the bull shit.