Q1 2014 already shows turnaround progress.
Revenues are going back up, % of gross profits increasing, solid cuts in operating expenses, interest expense need attention, but overall a noticeable positive change in performance from Q1 2013.
Stock price is holding and seems undervalued for a turnaround with sales of $4.5 million.
Seems if they do anything positive, sign a contract, partnership, release next quarterly, close a round, stock price will need to jump in line.
New COO seems to have removed some risk, making good strides, looks promising. Any other news beside the latest quarterly?