When things get shook up like Supurva just went thru, positively this can go down further. Old management never did anything to give this value, sold shares and used shares to pay bills, and try to make deals with shares. Now new management comes in and they have nothing but debt. They are not going to raise money on 10 billion shares right now worth .001. It is likely the ask is building because 1 not worth staying in a pinkie more then a few weeks usually, 2 If a new CEO does want to try and do something, they are going to need the stock to look more favable, higher, thus now more then ever if they are going to give it a go, a reverse split could not be part of the plan. 3 old management is starting to stack the ask also, plus the convertable shares for the Supurva deal kicked in, so they can be added to the AS and up for sale now.
If I would even see one thing real about this possibly starting up again, I certainly would give them a chance to prove themselves and possible my post my be more positive about Supurva, but have found nothing and yes been looking and still doing some DD. The fact that nothing has happened since new CEO took over is very discouraging. There is nothing real that is good to talk about as nothing real has happened yet. That afte now almost 6 months since Dannos has been out of picture is not a good sign, and I truely believe Danos was gone as CEO log before they announced it. My guess would be late Oct , Early Nov.
So if anyone gets even a tiny bit of new real info, by all means let the board know, and I and others will put the time back into this to hopefully find more on the issue, hopefully good news.
