Or these are the initial phases, and once they can sell it will pop, they don't want to overpay for shares but rather suck it up from others cheap then let it fly. Trust me, I feel the same, but considering their history it would be strange indeed for there not to be any big pop. Here's their last few promos:
Initial 1st close High
2/1/13 CCUR $6.73 $6.31 $7.95 $7.49 - - - - 360,336 Shares
5/2/12 SYNC $8.87 $8.87 $10.88 $10.09 $18 7/10/12 69 95% 350,000 Shares
12/8/11 BVSN $8.52 $8.30 $8.52 $8.44 $56.46 3/6/12 89 579% 121,200 Shares
10/28/11 MGN $1.96 $1.88 $2.49 $2.47 $2.86
12/7/11 40 49% 0
10/4/11 OPTT $2.43 $2.43 $3.25 $3.00 $5.60 10/20/11 16 135% 22,000 Shares
5/18/11 MPRXF $0.37 $0.37 $0.65 $0.52 $0.95 8/15/11 89 158% 0