Market did not put this at nearly 3 cents with existing conditions. It got that high when revenue seemed to be climbing after Q3 in 2016 and they had several million cash on hand. Now revenues since have decreased while operating costs have exponentially increased in regards to previous years. Every time a real document comes out showing the existing conditions since then, this has crashed 30-60% each time.
Very true. The OS has changed minimally over the past 18+/- months.
So the only thing changing the stock price over that same time period has been shareholders.
So the shareholders have been moving the price from trips to almost $.02 back down to $.004's then back up to almost $.03 and here we go again.
As long as the SS doesn't change substantially, the shareholders choose the direction through sentiment.
So if we can get some good news there will be a big reversal. No news or bad news and this may keep dropping OR start to trade in a channel. Hopefully this is bottom.
Let's see how investors feel next week and the following week.