I think the risk/reward is very good at the present pps. JADA does not need to generate much in the way of earnings per share to justify the current pps. Let us assume that the downside is in the 30s. I think the upside is at least three times the current pps lokking one month ahead.
I must admit I don't understand why the annual report has not been filed, but I consider it probable that it will befiled before the shares lose their current quotation.