P10 Industries Inc. (PX)

[carbonfiltered]

Here's a breakdown of what I believe is happening:

There was a meeting of the creditors held on the 17th which is why the share price shot up to $.40 on Monday.

Nobody had a problem with the bankruptcy so they began amending the agreement and factored in the language for the $10 million line of credit.

Market makers knew about the results of the hearing and decided to try and drive the stock price down. They were not very successful because people are holding tight and the float is extremely low.

The last time they updated the restructuring page we received a PR the next day which is why I won't be surprised if we receive one tomorrow, but since the final hearing is next week they might just save it for then.

Once we are notified that they are exiting bankruptcy I expect the share price to be around a dollar. Then they let the share price settle for a while (a week or two) then release another PR with information regarding a licensing or patent monetization deal.

I usually don't like to make predictions but these guys have been on point from day one.