10-Q is out...stock will still trade based upon market newsletters...from the 10-Q:
"The Company issued 200,000 shares of common stock to an investor relations consultant per the terms of the agreement with the Company and that were valued at $0.46 per share, of which 50,000 shares vest every three months. In connection with this same agreement, the Company issued a warrant to purchase 300,000 shares of common stock, of which 75,000 vest every three months, with an exercise price of $0.01 per share and expiring on May 1, 2012. The fair value of the warrant was estimated to be $0.40 per share using the Black-Scholes model with the following assumptions: dividend yield of 0%, expected stock price volatility of 101.5%, risk-free interest rate of 1.64%, and an expected life of three years."
I just read the report. What a piece of crap. They paid $100,000 for that? It's 3 pages of what we already know. This company makes no sense. They have a deal with IBM, why do they feel the need to waste our shares on this nonsense?