Shareholders want to know about the Thomas debacle and the FDA actual progress.The market may be giving company a chance to release something .If not,the SP could be smashed back to 7c in following month.
The promises of this company have never led to a sustainable SP rise.The rise to .88 was just another pump and dump.That's all the company seems to be good for.
The market doesn't seem impressed by the promise to slow the cash burn.These guys might have to raise more cash well before the end of the year.This prospect is being weighed by the market right now,not in six months time.If the SP is reduced to under 10c,the market will just wait for the inevitable pump and dump sparked by another false dawn.
Only good news is that the cheerleaders on this forum have given up their baseless speculations.The SP has been on a downtrend since .88.Is that a speculation?
Regards to long-suffering holders.
Add to My Watchlist
What is My Watchlist?