Of course not!!! But I think your analogy that our PPS should be at a higher point based solely on projected revenue is rather naive. Perhaps if we were listed on the NASDAQ with several analysts following our stock I would agree with you; but we're not.
The reality is that Airbee just came off the pinks a year ago...and the ZigBee protocol is still in its infancy so I doubt we're on everyone's radar screen right now.
I still have mixed emotions about the R/S but IF we have inquiries contacting us "almost daily" as Gene has said, then I think we have a chance of the R/S being successful. I know Gene is counting on a higher PPS to attract better financing as well...but this is very risky if it doesn't work.
According to Gene, there is a pretty big gap between the time the customer signs on the dotted line to the time our revenue starts flowing and we'll need additional financing to cover our 'burn rate' until next year.
So, what are our options?
As I understand it, our current O/S has already been assigned to various entities (Bartman Group, Richard, Zimmers, etc...) to cover loans and settle disputes. Therefore, how are we going to get more financing to cover our 'burn rate' if all of our shares have already been assigned?
Seems to me that we may have no choice!!!
Disclaimer: All comments are just my opinion and should NOT be considered as factual. And YES, I am a major shareholder of Airbee Wireless, Inc.
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