Why would it recover?
Without an ongoing sales contract with proven revenue and earnings and seeing that the Chinese factory has been mothballed for so long, it would be costly to turn back on, why would it rise at all?
Heck that factory might not even exist anymore. And how would we even know? You think they would admit that?
The SEC will have to declare their intentions of a retrial or not, soon.
Perhaps before the end of the year.
Not to poo poo the dream bed, but since this thing is diluted to the tune of 300 million shares (plus who knows how many options and hidden shares), for every cent of share price makes the company's market cap $3 million. A little company that comes out with a new product is sometimes worth betting on to see if the company can exploit it. But in this case, the company has proven for 10 years or more they can't. At least not the current folks.
Refer back to paragraph 1, above.
First, to even hope the pps will rise at all, for the first time in Ron's life, he would have to actually succeed at something. It's like going to the dog races and using the rule that when the dogs come out, if you see one of them take a dump, bet on that one.