why the stock is being sold down.

I personally think there is no problem with the company or its management. As far as i can tell they are pretty much still on schedule.

I believe the main reason for the sell down is because of its main shareholder, Absolute Capital. The Fund/s which are invested in CUV will be partially liquidated over the next 12 months. Redemptions are currently on hold, however they will be releasing 10% of the Fund in Feb, May and Aug next year. Considering they hold about 20% of the company, if CUV is one of the stocks they decide to sell down in the beginning, i think there will be a lot of selling pressure on the stock, especially with the lack of liquidity the stock has.

My view is that the sell down would be a good time to buy the stock as the sell down is due to troubles with Absolute and not CUV. This is definately a trading stock in the short term, however a long term hold in my view.