To be honest I find it amazing that the pps is managing to gain in spite the fact that they have still not filed their 2009 numbers or given investors any information to the effect they intend to do so.
True I have no current position & would only be willing to take a position in the $0.30s because the longer they go without filing the closer they come to arriving on the pinks which don't have to comform to bb or higher exchange standards.
Do you folks really have confidence without any word from management that they will file late but before the extended deadline to remain a bb stock?
In my opinion the risk reward ratio is not favorible at the current pps.
I would rather wait & pay more after they file if the report warrants taking a position. jmo And i could be wrong