A little strange wouldn't you say??? Two trades indentical at 121,400 shares and then another trade at exactly twice this odd amount(242,800)?
We have no way of knowing if Nick and company are either bringing in a bunch of new smaller deals, or they are waiting for a monster manufacturing contract(yes I am still hopefull), but he and Hart should start working on cleaning up the balance sheet. Very difficult to hold any gains or make any significant move higher when you are tethered to a very bad convertible with a low strike price and a 7% interest ticket!
I would hope they are actively looking for an alternate financing vehicle that will let them get out of their convertible financing mess with some kind of a deal that is not such a millstone around their kneck!
Then, if they finally start bringing in the revenue, the margins will come, the company will start turning positive profits, and yes the share price will be free to run!
What? And then I wake up from my dream?
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