I don’t believe the pps will drop that low. Otherwise it would have already. Perhaps if you see another quarter or two like this one it might. Actually I expect the pps to rise to around .24 to .25. We can also expect a small pop to .31.
The price drop to .22 from .25 already took care of the recent 10q.
If you believe a lower pps is near, than all of the DD means nothing. Anyone should not think the goal is to consume $37 million. Otherwise the bid price should be .01.