Current price is result of CD Conversion
The CD conversion is what has driven the price down, along with anticipated market manipulation of the pink sheets/ OTC market place.
The fundamental are improving with new business streams being developed and implemented in the market place. The Android App is first class and the quality exceptional, the calling cards have been released and the company is working on new distribution deals with top up plans and a great all electronic back end support, producing exceptional margins of 55% plus.
Apple ISO app has been submitted and is awaiting Approval which should make shareholders very pleased, yet many are still focused on the price which upsets them as they struggle to understand what is going on, the price seem to keep moving up and down.
The current price is not a good indicator of the companies potential for revenue growth and profitability, it reflects the CD conversion of stock to raise capital for operations, and little else.
If you are evaluating the company's value based on the price, you are missing the boat and the bigger picture, but that is what I expect from amateur traders/investors who are so focused on the length of time invested and the daily price, up we are happy, down we are depressed, all foolishness.
New investors will be attracted to the stock as they see the revenue growth and realize the business potential that this company offers along with the attractive stock price. Some long time investors will simply whine about a low price that they can't or won't take advantage of because they are emotional about their investment, which is fine if it make them feel better, but I never did understand how that works.
It must be similar to a disgruntled sports fan that goes to the game all happy expecting a victory and go nuts when the team loses and then they trash the team and players. I guess that is why some do the "Go PVSP" cheer, more foolishness.
