IT is simple! We have been hindered dramatically by the stalled NASDAQ listing.
Regardless of the HB report that was hurtful ZACK's was not a paradise report either!
NASDAQ has been the most hurtful angle of the stock's appreciation.It has most likely held up certain acquisitions and fresh stock ownership by major institutions, hedge funds and top tier brokerage firm clients because of our "pink sheet" listing.
Of course the additional harming and most likely the worst part of this scenario has been the brutal "shorting" of PRED shares.
Finally, there was the extreme lack of Press from the company for a very long time. That may be changing, but only time will tell.
Like many of us have very large positions and most likely at higher prices and we all see that the stock has crashed to the $1.50 level. Sure i would like to buy more, but how long can i sit on dead money?
Going back to NASDAQ ~ they hold the key's to the castle! They could easily
list the company with TERMS! Those terms could be you must get the share price over $4 within 6 months! NASDAQ could do anything they like! Why they have not is anyone's guess. Changing Auditor is very positive and finally after 1 year of promise to finally release their ENDO test product is great.The market did not respond to the release. Well just imagine if they did not release the product and it was delayed. The stock would not be sitting at the $1.50 level.
There are three things that will move this stock. 1. the deal that was penned in Hong Kong 2. rumor of acquisition of medical division from tier 1 drug company 3. NASDAQ gives us the key to the city! Unless one of these things happen we stay depressed.
This is my reality
