I feel like if another 60 days goes by with no IND, or a PR about a problem comes out and we will see a mass exodus on this company.
If ave cost of shares equals PPS, then it would be easy to leave. But for those who have averaged down from 0.20+ in bits and pieces? It would be very difficult to abandon the original dream. Especially with proclamations of after waiting 8 yrs, one just has to be "patient".
Also with most of the float owned by retail, gonna take a massive amounts of bids to enable a mass exodus. Else the PPS goes down in very small steps, on low volume, and posts go up encouraging everyone to buy the "cheap" shares, as a counter. After all, 60 days, 90 days, 180 days, what's the difference. The 1B+ float will make things move like sludge.