Confidence and Trust in mgmt is the 1st priority in investing in any stock.A company can have the most promising product on earth, but without trust and credibility in the mgmt, it doesn't get the attention investors want.
I believe they have lost that credibility and have over promised w/o delivery. That's it. Nothing else matters.
Now to Grip It- The stock is up a teenie today so far. So I hear one poster questioning your $2.75. I wonder if they understand that a target does not mean immediately.
I believe the $2.75 or even a little lower is reasonable. There's a little support at $3.00 where it may hesitate but there's no catalyst now or soon,to prevent the trend to change and the $2.75 to be met.