Not very many people are buying what is in effect a good VPN with 21K customers (unknown retention rate after 30 day trial)? which is slowing down in the customer acquisition rate fast already...
IMO very very deep holders (One holder has put up 5.5M single sell bid alone for the hell of it at 2.3c) are bailing as its "the best price they can get" and are moving on..... I just can't believe management signed up to 10c options? That is pretty much the main reason why I hold now....oh and wangle enterprise / WFI launch.... but bloody hell if its anything like the app launch and progress $3M market cap coming up
Sellers, page-46
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