True al44, however, let's say the company dlutes to 5 mil o/s. Hope they don't and/or haven't, however, if they do. The current market cap would be about $150K under those circumstances. Still way undervalued if we see $1.5-$2 mil in revenues and possible profits from Airewire.
Didn't the CEO advise poster JoeyClams last month that he wasn't going to be dluting? That's why I suspect other reasons are the cause for the PPS drop and initial volume increase. Churning shorts and covering etc. All IMO.
Like you say, we're just speculating the possibilities here until the financials come out for the 10K and 10Q.