IMO if they had good news they wouldn't be sitting around waiting for pps to decline like this. That is, if they have the best interest of shareholders in mind. No OTC company deserves that credit though unless they prove it otherwise.
They will have to increase the a/s. I just hope it's a respectable amount. Say to 500 mil at the most! If they go to 1 billion, then IMO this company is done.