Glenn didn't deliver on news as promised today, so impatient retailers will now be dumping. Watch the ask start getting stacked.
Big miss by the CEO, in my opinion. This was coiled tightly and had the chance to jump up near .05 today, and the CEO blew it. Even if he had released a PR saying something, anything.
You don't put out a hard date like that, then not deliver on that date in the OTC. It's just a fact of life here in the dark depths of the OTC. I would think this CEO has been around long enough to know better.
Was hoping for better from this CEO after his big promises in the shareholder letter. It'll be interesting to see if he actually releases anything this week or if he'll stick to the "dog at my homework" type of excuses.
One bit of good news: despite no info whatsoever from the CEO today, we are still green (at least for now).