And all of that is coming..."soon." The company is not in a position to announce a deal as of yet...I am overwhelmingly confident they will be "soon" but as of right now there is not much they can firmly say. And I do not believe anything they can say at the moment, will drive the price above .0035 and sustain it at those levels. Your first post on these boards was June 1st...so I'm guessing you're a new shareholder (as am I...I bought in 2-3 months ago.) With that being said, why should the CEO authorize a PR because there are some new shareholders and some flippers on the iHUB boards who want a spike in the pps so they can sell and make some fast-money.
Don't get me wrong...as a trader, I'd LOVE to see that. I have 5 million at an average pps of about .0015 so I'd love to see it go .0035 bid on a PR. I'd sell at those levels and then enter GTC orders to but 2.5 million at .0021 and another 2.5 million at .0016 or so. But from the company's standpoint...why bother? Especially when they know "soon" they will be able to issue a PR that I'm overwhelmingly confident will be able to drive and sustain the PPS WELL above the .0035 levels.
The CEO has said that he does not issue fluff PRs so when there is something to be said that will have a material impact then he will not hesitate to say it. I believe the average PR costs about $350-400 to issue and dissemminate to the public so I just don't understand why he should be obligated to issue a PR if, at this time, what he is able to say will most likely not lead to a sustained pps at much higher levels. If you have some doubts as to what is in the works then I just suggest you give their investor relations a call. But he has said that a PR is coming "soon" (soon being his words) so I would not worry too much. Could be tomorrow, next week or next month...they would all constitute "soon" to me.
