Monday to Thursday finish current dilution, Friday filing for increase of AS, continued dilution after approved until 2019 notes are paid (company already said they did not have sufficient AS to meet obligations which means dilution will continue after increase is approved.) Then a reverse split to increase share price, bring the OS count back under control and move forward with sufficient shares to make acquitions (I suspect that is the reason GRC was put on hold- insufficient shares at current March levels to close the deal) THEN we are good to go... those are my thoughts.
John and other executives have preferred shares so they will not be impacted by a reverse split, which means the 1 million shares he is sitting on automatically become very valuable.
Long term, I am very bullish, short term, I think it will be ugly for another few weeks or so.
I hope I am completely wrong, but that is my gut feeling....