I think your right. The company needs 3 things right now to put the PPS in the right direction, ie. UP!
1. Strong PR, hopefully showing new revenue. 2. Unchanged Outstanding Shares at time of PR and after. 3. The End of Restricted Shares hitting the market.
I suspect it will continue to bleed if any of the 3 are missing.
Good news, is that it appears that all 3 of these can happen sometime this month... cross your fingers.
No.3 is the big question mark, I believe the other 2 have a reasonable chance at happening here shortly...
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.