For anyone interested I emailed the company on for an update and here is my reply. I think this stock is bound for a bounce back up!
Dear xxxxx. The company has been steadily pushing forward into the United States Market. The company has also been seeking additional products that fall into the Software as a Service(SaaS) space, through acquisition(s) and in-house development. The company is not aware of any particular reason for the recent spike in volume and share price decline. News on future plans and direction of the company will be forthcoming in the near future.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.