So, to recap, you've got nothing to support your claim.
Catalysts are so because they presage future profits. Those future profits are discounted to today and are represented, more or less, in the stock price. You're trying to claim that is irrelevant. For someone who claims they' not a market novice, you sure are talking like one.
Stock message boards, particularly this stock, are littered with all sorts of people pumping one theory or another about why the stock is going to show huge, very abnormal, returns. I find it really interesting those doing the pumping typically do not understand how equity markets work.
I find it even more amazing after decades of abysmal results with not one commercial success to point to, people still come here and tout great things are just around the corner. With such a history, even if something great does happen (the likelihood of which is very low) the market will not reward shareholders with huge returns until the company proves it can turn such a great catalyst into actual and substantial cash flows.
As always, all of the above are just my opinions, no facts are asserted.
