Since I am in the red, and assuming you are too for PVSP, I might argue that we may have accumulation occurring here at the base. See Jan to early Feb 2012, the PPS were in the mid- to high-two cents.
I believe the only way this is going to move northwards is if PVSP shows that they can generate a new revenue streams.
Keep this in mind. If I was doing the PRs for PVSP
1) International call plan is only the beginning (not really stressed in the PRs)
2) Management wants to make "Vox" a trademark name known by people inside and out of the the industry (mobile communication).
3) Video app needs to be released fairly close to international call plan roll out.
Why for #3? Vox will be paying for advertising for international calling plan. It would be best to get the word out with as least amount of advertising dollars for video app also. The video app and international calling plan app may get people more interested at trying these apps. Just because people have downloaded the Vox app does not mean it is generating revenues for the company.
As for a bounce... it all depends on those +13M shares that were released recently. Someone maybe be waiting for a raise to cash in. PVSP needs to stop the printing press and dilution of the stock. However, PVSP does not have money for the advertising, thus be prepared for more dilution in the near future. How quickly any of these shares enter the market remains unclear. Have LOI vs. contracts are very different and investors know this.
Thus, I will like to see PVSP launch their app. However, I am still worried that other obstacles or delays are in PVSP near future, making this investment somewhat flat with expectations.
Enjoy your evening.
