Ann: SNARE Sales up 106%, page-11

I was initially as well but then someone on another thread shared the following with me and it seems to make sense:

They are legally obliged to announce a 10% or more variance to forecast earnings to the market as soon as they become aware of the variance. So if the sales of SNARE rise by 10% over forecast, then one supposes earnings are rising by the same amount (or even more, depending on operating leverage). I see it as simply being compliance not puffery.

Maybe in the future they will get more aggressive with their forecasts, and we will be spared the updates. But personally I prefer conservative forecasts and upgrades along the way. It makes it easier to buy in along the way

Hope that helps, and I for one am still holding but am thinking of offloading a quarter or so at these prices since my entry was in the early 30 cent range.