Insider stock compensation is the norm.
Waiting for a tech company to make profits is the norm.
No matter how you feel about the insider qualifications, they are growing the company's revenue and connections. That's what people see.
As long as they keep adding connections, they will be perceived as eventually growing into profitability.
As total connections grow, the cost of adding new connections will diminish as a percentage of revenues.
That's what people see. Every company has a GAAP breakeven point. So does USAT.
The PPS trend over the last few years reflects what I wrote above. No great rise should be expected. It's a slow slog trending to a bigger company.
300,000+ shares keep trading every day. Some one is making money and others are losing. I'm just holding.
If it drops into the low $1.60's I will consider adding exactly for the reason you pointed out. There is a force behind the trading that will push the PPS back up on good news. Maybe when that happens again, if any of my positions switch from short-term to long-term, I'll take advantage of the bump and sell "that" position.
ILUS Provides an Update on the Binding Term Sheet Signed with Actelis Networks (NASDAQ: ASNS) • ILUS • May 31, 2024 12:52 PM
Element79 Gold To Provide Summary and Update on Active Exploration Program, Community Relations at RMEC on June 4 • ELEM • May 30, 2024 1:18 PM
Branded Legacy Secures Exclusive Extraction Partnership with One of the World's Largest Kava Distributors and Producers • BLEG • May 30, 2024 8:30 AM
ECGI Holdings, Inc. Announces $2 Million Debt-to-Equity Conversion • ECGI • May 30, 2024 8:30 AM
North Bay Resources Reports Assays up to >25% Mg, 0.1% Ni, 0.1% Cu, 0.01% Co, 0.3 ppm Pt at Tulameen Platinum Project, British Columbia • NBRI • May 29, 2024 9:03 AM
One World Products, Inc. Issues Shareholder Update • OWPC • May 29, 2024 8:20 AM