I think the "game changing" relationship could be something big even if it is not released in a PR yet. Maybe the relationship is not at a stage where it can be fully disclosed yet by mutual agreement. The shareholder update yesterday was an olive branch to the shareholders and nothing more than a life boat against the pps sinking further.
I can tell you why I think the PR's are being held up. About 6 months ago EI converted debt to equity with restricted shares. The big loan sharks got shares at around .003 which completely sucks. Family and friends got shares at about .01 which is more reasonable. It's broken down in the 10-Q. I doubt Clint gives a hoot about NAR, but what about family and friends?
When the restriction comes off those "debt to equity" shares I think the PR's will start so the volume will pick up and the friends and family can recoup some or all of their loans at or above .01 if they so desire. Please correct me if I am wrong, but aren't the shares restricted for 6 months? Weren't they issued about 6 months ago? I believe this is at least partially being timed around that event.
If no news comes I believe the pps will likely continue to slowly drift down. If PR's flow again pps could go up fast! Could see an easy double from here in one or two days. How long it will last and how far it will go is anyone's guess. I believe that will depend on the 10-Q's and what this LOC looks like.
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