movement in the depth, page-34

re: last traded at 11.5p or 29 cents in london las it doesnt matter what it trades at in london because this company is chewing cash and isnt making any profit or no where near enough revenue to justify a market cap of $16m dollars. R&d costs with these sort of companies can be large , in pbi's case it was 40% of revenue in the last 12 months, almost 1m .With 2m dollars in cash its got about 6 months before its raising cash again. I am not saying pbi has no products, its just that at this stage its going to come down again hard before going up again. i see it as a trading sell at 24c.
I dont believe the stock price will high enough for the 42.8m options will be taken up in dec.