The company is making money. It is the flippers and traders that are the cause of this depressed price, not a poorly run company. Not to mention the fact that we are in the pinks where every company is assumed to be a scam until proven otherwise
Assuming that the company is aware of this as you are, is transparency out of the question? Because there's an easy fix for this negative price action.
For example: Transparency around the buyout would've popped the PPS and sustained it. That seems to be the case for all other buyouts in all markets, pinks included. So why would management choose to obscure the buyout process with limited information and a botched process? That's a poor management decision because it either goes to attempt at PPS manipulation or lack of foresight. Neither is beneficial to my holdings or yours for that matter.