Not that it means much but the K does state “We do anticipate our employment base will increase to approximately 4 full time employees during the next 12 months.” so if new management is on the way as they stated last year perhaps that could be them.
The cause of the rising PPS is a little perplexing. Any even marginally reputable media on the open net concerning this company has been zero over the past few months which could mean they are just plain doing nothing or they have put a very tight lid on information concerning activities. The K of nearly a month ago was generally nothing to write home about in my opinion and would not sustain any continued new speculative buying that is causing the PPS increase under the somewhat moderate volume we are seeing. So in my opinion that leaves either people with information buying on merit of upcoming events or an empty attempt at a push on the price for a later dump. They could have just folded up shop when they hit near the 100 mil back in November 2008 and been done with it but they didn't. If they were to authorize more stock or a reverse split with no merit the stock would likely plummet into the sub penny and probably not worth the effort. So I am going to agree with Fred on this one I have a large chunk of this stock and do always try to remain realistic about the possibilities but I am more optimistic now than I have been in a year.
Also have not seen anything linking the two but GBRC has nearly doubled in the last several weeks.
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