Here's what I will say:
Me, and I'm sure a few others here, have been sufficiently screwed by the PPS trend long term. A 50% buzz cut and you're one of the lucky ones.
Now that being said, business takes time. Not much a CEO can do about that. So what the market does in the mean time is a direct result of the overall market sentiment. Such is the price of doing business in speculation - the summation of penny stock investing.
Why I'm here now is to make my money back and then some. The difference between when I first got in and now is that now we're pretty close to bottom, and now we've held solid in the same range for quite some time. It seems things are starting to stabilize.
Not only that, but now we have an actual vote in process which will esentially legally mandate this company's
Patented product. If everything falls into place, I'm not sure it can get much better than legally mandated recurring revenue. Legally mandated profit? Yes please.
The past is the past. Some of the best stock plays have been bounces off of rock bottom. IMO most penny plays are. There aren't too many to my knowledge that have started out at this level. They're here for a reason, and that doesn't stop most of them from making runs at one time or another.
Speculation is the name of the game, it's risky but it's all about finding opportunities with promising futures. IMO this one has a chance at making some decent gains from this level. Regarding prior history, to most people trading at these levels prior history is irrelevant anyways. They're almost all bad, or we wouldn't have the opportunity to buy down here in the first place.
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