The CEO spends most of his time attending stock conferences, conf calls and everything else under the sun to hype the stock up. PBIO has saturated Wall St with its sob story thats becoming old & boring news. Over exposure and a whinning CEO has this stock off everyones radar. Made a nice move up on the HT48 hype but its all worn off, maybe for the last time.
Now another IB or advisor gets hired because the ones before didnt do squat. Keep throwing cash and shares and derivatives at these leaches that do nothing but take the company to the cleaners. None have a real network of long term investors that will partner with pbio. All smoke n mirrors.
A message to the CEO: Start executing and delivering meaningful revenues/profits, then Id love to take another look see. Until then, pbio's goodwill has run out. Get a new story or new management that performs.
Well, the new numbers are out and the second quarter did really well, relative to prior quarters. It's starting to look like the business is happening the way it should. I think over the next year, the stock price will start to rebound.
Heywood, I believe that the CEO is doing a good job, after all, the HT48 was just recently released. I believe they are looking for the 2nd half of 2014 for revenue ramp up. I agree with you about IR firms. Most are total wastes of time and money. If PBIO shows a 6-8 million dollar run rate based upon 3rd and 4th qtr, then this stock is above a dollar. You don't need no stinking IR firm to make that happen.