I don't see a CR in the next 3 months. Last CR itself did not go...

I don't see a CR in the next 3 months. Last CR itself did not go well. That was just couple of months back. If there is one, it wont be for retail this time around. Even for that the SP has to move well above where it is. But there is need for more working capital in order to procure goods on order. Bit tricky how they will get this sorted. I had brought this up earlier as well.
How ever you look at it SP is way under valued. Come next year, quite likely it will have sames in the region of 2-3 mil, may be 5 mil year after. If they score a US distributor things can ramp up quickly. They need funds. Not at the present valuations though !!