Q2 ends in 5 days. Expect whatever story needs to be told so that expectations can be pushed back until the Q3 filing in November - preferably until the 10K due in March 2016.
It's a combination of the statutes of limitations (in Bordynuik's limited imagination) and the $.05 PIPE shares *given* to the others.
I doubt your prediction of subpenny will take place that soon......I have seen many penny stocks that just dry up and kind of stop trading mostly, and they never get below a penny despite that.....
I believe that will be the case here, liquidity will go to semi-zero long before the stock does.....I expect low volume days with fewer and fewer volume spikes on the *chart*.....the only thing worse than subpenny is any other price that locks a person in due to lack of available liquidity......
It could take months or years before your prediction of subpenny comes about.
As long as Heddle keeps pumping out $0.05 and $0.10 shares to finance just about everything this POS company needs cash for it could stay above your prediction for a long time.
A little over 5 weeks to go (at the most) before sub-penny.