But that's the problem. It WASN'T great news. If was fluffer nutter news. No substance. No numbers. No signed contracts. Nothing locked down.
"INEX Solutions, Inc. has come to a preliminary agreement with Extreme Synergy, Corp"
That means jack. It could have been a conversation on a plane or at a cocktail party for all we know. Then there is the client too. Nobody could find anything about this Extreme Synergy, Corp. A search of the normal business channels; corporate registrations, SEC, business wiki's or journals found diddly. Somebody found a web designer in CA from a Google search, but who knows if that is the client. EFLN wasn't transparent at all on this client.
The markets want and need solid information. They didn't get it. You're seeing the results of this.