It is true that in the past LOI's and endless pr's have come to naught and meant only temporory price gains. Over the years, the affect on sp has become less and less as they've been released. Excpept for the excitement of the moment, it really means nothing.
I'm not complaining. I like that fact. TAO knows this also. Therefore they have no motivation to participate in a p & d scheme since they know it wouldn't work at this point in time. I don't think GTEM conned them, so this could actually be good news in the sense that it is what it appears to be. No increase in share price is fine, it's not justified on this basis. At least we're still sucking air.
...and yes, I do not recommend this as an investment.