This is all before Patrick Johnson took over as CEO. Since then, all he’s done is have a massive share reduction, acquire a revenue producing company and put together a deal with a reputable company for 350 million dollars in assets.
I’m not sure how those previous actions have anything to do with the current situation.
Respectfully, no. $PDXP has a totally new CEO and he cleaned up the share structure, so there virtually is no reason to even contemplate doing a R/S, which was the whole point to the exercise. Please read here: #msg-137452183 and here: #msg-137434289
The new CEO since this last summer, has steadfastly remained vigilant in preparing the company, doing the ground work to make it financially stable and profitable going forward. I can understand being suspicious of a sub-penny play, been there, done that, bought the T-shirt. But if you look into things a little deeper, you might have a different outlook on the stock.