Yes it seems your'e right and he was still at it in April;
"I'm as frustrated as everyone else with the fact that I haven't made the progress with investors that I had hoped to," Hoffman told the Coventry Telegraph.
"It is not worth going into all the history but it hasn't been for the lack of trying.
"Everyone will appreciate what a moving target this has been and things have gone from bad to worse.
"I am prepared to spend as much time on this as it takes and will go anywhere to help make it happen.
"Of course I can't promise anything will get done. The investors have not gone away despite being told to go away a few times.
"But, of course, when it became obvious that League One was a real possibility the proposition changed and they have been biding their time. I wish they hadn't but that's a reality."