Very true, robmon. That is the ultimate bottom line of all kinds of discussions. Basically what INRA needs is tangible, sizable revenue related happening (announcement) that will help pps to propel upwards.
How much will be based on the dollar amount. This would also provide assurance amongst current and potential investors regarding the sustainability of Innova as an entity.
Otherwise, pps appreciation will be depending on a trend in each reported quarterly financials, if revenue exceeds what was previously realized and turning into cashflow positive is imminent if not realized. This would certainly be helpful in stock price but to recover from previous levels (of mid 0.20s), it would take at least another two quarters in my opinion.
As Rodeo put it nicely lately, many things are imminent, or potential to say the least. Contingent upon happenings of one or more things, picture of INRA price can change very suddenly.
Yes, if/when this happens, real beneficiaries of these levels will be the new money! What I mean by that is either new comers or us the veterans who would/could add new positions (fyi, I already did) at these almost comical prices. I think, this is ironic to think about.
To let you know, yes I am disapponted, yes I am frustrated by what we all have experienced but I am very much faithful regarding Innova/INRA's future.
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