Rocket, the rumor was about a small PPO aroung $1M on a restricted stock basis for a year. What was discouraging was hearing that some current stockholders were going to fund their buy at .60 by selling shares that they have at market. If rumor is true, it doesn't represent a large volume of stock so shouldn't cause much damage. I wasn't invited to the party so have no proof of the above.
Rocket 173, Sorry but that PPO for 60 cents has a two year restriction on it. The SP is down due to the lack of revenue by management. Its that simple.