Sunday, November 23, 2014 5:17:04 PM
I can go on and on and on and on about why it hasn't sold yet. But, I can figure out why the PPS has drastically fallen. As mentioned, the last two PR's were poorly written and therefore, misinterpreted! Saying the CEO resigned for personal reason, was the first mistake. Too many red flags there. Secondly, there was no real good reason to mention the frozen restricted shares and under investigation. Completely misinterpreted as well. They could have waited until the investigation was over and the frozen shares were finalized.
Now, let's not forget the announcement that came July 7th. They waited until after the holiday, which one would think is the right thing to do. But, wait, the day before (3rd) the PPS tanked, what six cents? News should of come out before the two weeks was up. Holiday week or not, investments don't slept. If they would have announced it on the 2nd or 3rd, the PPS, would of held up.
My guess is that nothing substantial will happen before the first. Probably news on the restricted frozen shares,etc. But, that's about it. 2015 second quarter, at best.
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