Thursday, February 18, 2016 2:31:51 PM
both Capital Ventures International, and Heights Capital Management, Inc. converted their debt holdings into shares at the rate of 3,723,635 shares each...then dumped on the open market, which possibly explains the decline in PPS over the past couple months. That and the lack of news over the past couple of months as well.
http://ih.advfn.com/p.php?pid=nmona&article=70356025
Now that Debt is being eliminated, and more news is coming to light every day, the PPS should start to stabilize again, and possibly continue to rise. Looks like the bottom was found around .13 ... Should be getting much more interesting around here over the coming months.
Lots of phase II and Phase III trials beginning both in Europe and in the United States.
Working with NASDAQ to avoid the reverse split to continue compliance was a huge concern as well, but after the meeting on 21 January, it is still trading freely on the NASDAQ market.
Best of Luck here, I too have purchased a significant hold.
The outlook here seems to be very good. With a relatively low Outstanding share count, this thing could get moving very quickly with minimal interest.
IMHO
In My Own Personal Opinion Of Course!
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