I was expecting .35 to be a level we could hit in the short term. With the continued move lower I think that level looks more like .30 now.
The .70 is a price I think they could reach and hold in 12-18 months. That assumes management can deliver on even a couple of their announced plans and revenue streams.
We are sitting in no-mans land here. It could drop another 75% if no real news and revenues come out. These fluff pieces aren’t helping gain traction on press or coverage. We need a quick jump closer to the .30 level or we could see the stock bottoming out in Q3/4 around .02-.03. Management must give people a reason to buy at these levels. The light volume does help because any positive news will add massive volume and there aren’t many sellers between .10 and .30.
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