$0.60 won't give Atwell what he wants. Remember, he's after a NASDAQ deal. That means at least $1 per share for a lengthy period of time.
Besides, how would you know about the earnings valuation? And are you referring to 2011, 2010, or both years combined? Insider?
Come to think of it, could that be a further reason why Atwell has been holding back earnings for 2 consecutive years? To combine them both in one fell swoop? It seems he knows the rules for valuation & up-listing & keeping FINRA happy enough to allow him 5 reverse splits in as many years. It's just a shame Atwell didn't know the rules of trading & bounces & the computer algorithms. LoL, he killed a run from .0001 to .55! Killed it!!!