This is absurd. What to do? Just my opinion, of course, but perhaps the Board should consider issuing 100% more shares. That would give them money for promotion, and release shares to the marketplace. SMDM is too thin. Since you seem to own this board, Milesp44, see what they say. You must know them after attending the last 6 agm's
At the trough today, which was 21 cents, somebody got a steal. Whoever snagged shares at that price got them at a trailing-P/E ratio of 2.7. Actually, this stock has been trading between 2.7 to 3.8 times earnings for the last month or so. All the available shares--whether they are being picked up at the bid or at the ask--are a steal. You're right, Tfor2, this is absurd.
the board listens to me about as much as my wife does....zero........but attending six meeing i have learned that they intend on taking back the hundred million dollar karoke business,which they are doing...right now management is taking care of smdm business,,,investors will have to find them..we are a diamond in the rough