1. with the exception of share structure and cash flow, everything else looks fine. it's a shame those two are arguably the most important elements in a fundamental valuation.
2. there's too many bagholders on PXYN now. Too much sell pressure baked into the L2. It'd take a mind altering business transaction, like PXYN being acquired by a F500 company to reverse the trend now ( we all know that isn't on the horizon anytime soon).
Only way to clear the air is a reset. Let's go ahead and hit rock bottom. Let's do it quickly; pull the bandaid off. Ed Kurtz isn't going to help anyone here. We can only help ourselves.