Summary for the week: flat with heavy trading. Closed at 40 cents, which was unchanged from last Friday's close.
The stock was teetering on an all-out collapse as it was in the mid-30s much of the day, but clawed back to 40 cents at close.
Concern about CEO Christopher Spencer, CFO John Busshaus, and board of seeming cronies continues as they have taken no steps to ensure that reported financials are not fraudulent and recently pocketed $1.5 million in compensation on a net income of $3 million. Also, quarterly financials have not been released over four weeks after close of the quarter and the company has been silent about release date.
Continuing to expect that this stock will go below 20 cents while Spencer, Busshaus, and the current board are in place.
