I think there are quite a few people who follow the stock without being invested. If you think back to the newspaper article in January 2012, when it was released I think there was over 50 million shares traded on a particular day. That wouldn't be possible if there weren't quite a few people watching from the sidelines.
My feeling is some people will want to get in before April's quarterly, just in case they do sign a distribution agreement. This anticipation will drive the share price up before the quarterly. If an agreement is announced, I'm feeling anywhere between 4-5c. If no agreement is announced, but a legitimate explanation is given, then the share price will drift back to around these current levels.
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