My Guess is that the PPS will be back to $.40 or below before the week is over. The news this morning was alright; however, it definitely won't be enough to sustain any sort of PPS gains over time.
As for the RS.. I personally believe that it is a foregone conclusion, the moment that Management authorized the 500 Million Shares. When the RS happens, it will be for 1:7 (IMO)....
A Ponzi scheme is a fraudulent investment operation where the operator, an individual or organization, pays returns to its investors from new capital paid to the operators by new investors, rather than from profit earned through legitimate sources.