Energy Revenue America Inc (ERAO)

[stockfly]

There is no reason for the price to have dropped as it has. This isn’t just today, but goes back at least to last week, maybe even longer. Only three options I have are:
1. A couple of people have left
2. Company sold shares
3. Investors are obtuse

Maybe it’s a combination of all three. But nothing has change with this company. Actually, they continue to make progress. Improvements to asset tracking and vehicle tracking are most likely a result of the discussions at MATS. It should surprise no one that interested companies, including the US Truck Manufacture, RV Rental Company and whoever else they met there. Go back and read April 4th Press Release and find the following:

The EOBR activity at the NavStar booth and discussions with several companies about ideas for asset tracking and monitoring applications made the show a huge success.
Fleet managers and owner/operators were interested in the NSTRAK asset tracking monitoring products for both trucks and trailers. Several RV rental companies also stopped by for a demonstration.
Discussions were held with multiple strategic partners concerning the NavStar's asset tracking/monitoring products and software for applications outside the trucking industry. Follow-up appointments will be made to discuss the integration of NavStar products into hardware/software devices of these potential strategic partners.

Outside the trucking industry probably points to buses. Anyway, if this was reported in April 4th and the company has announced improvements to asset and vehicle tracking, then what the heck is going on? Put the dots together and quit being obtuse.