1. If they are pre revenue, why do they pocket so much money? Why are the bosses earning so much money? Why is the debt increasing so fast? Look, if pre revenue is going to be their excuse, expect the PPS to go down more.
2. These guys have been prerevenue for a long time. much longer than they would have been if they had allocated their money better. We are talking about a mere 130k dollars being stripped. That money makes a huge difference growing the company, yet they cut it just so the CEOs get richer. If this is not the foundation of a P&D, I don't know what is.
OWCP's advertisement of the stock is based on this wannabie product that they are supposedly working on. they are asking people to invest based on a product that has been hyped for so long and will never come to fruition unless the greed stops. This is not a biotech company that will sell multiple products. this is a press release company that is planning on making just this one ghost of a creme in a few years. Quite a way for the company to buy itself time.