The relentless waves of constant dilution have worn down the existing longs and prospective new investors are not too impressed that there is still no overall profitability despite record revenue. Management have been financially inept ever since Buldoc to McGann. The only company I have seen more inept WRT shareholder price and excessive dilution is GBSN. DMRJ probably are still pulling the strings behind the scenes with their latent majority shareholding.
Maybe this stock becomes a buy at 7c and under, dunno, but the pps sure sadly has turned out like my worst case scenarios which many thought was mindless bashing at the time but was just extrapolation of continual heavy losses/dilution for the foreseeable future that would overcome any pumping or good news. Remember in the long run the market is a weighing machine and they have found the management here extremely lightweight.