Value Microcaps Motherboard

[cliffvb]

CPSS looks like a shelf filing to me meaning it could be years before they issue shares and at unknown prices. It's just ready to go if and when the need arises. Not too say it may place a dark cloud over this one. Mgmt should step forward and clarify their intent.

From the prospectus: This prospectus describes our offer of common stock, preferred stock, debt securities, warrants, rights, stock purchase contracts, depositary shares and units from time to time at prices and on terms determined at or prior to the offering. We may offer these securities up to an aggregate offering price of $100,000,000.

Edit:Only down 3c after the open.