If $4 were acceptable to Lamda it would have happened already.
In spite of being in debt up the wazoo I didnt sell a share when it popped to $3.30...I have even incresed my position so I am now in excess of 60,000 shares...I am hoping to eclipse 70,000 upon the offering and I am dreaming of selling at $8-$10. I haven't held this long and sacrificed this much to remain pi$$poor the rest of my life. I have believe in their technology and products from day one and I will live or die on that belief.
If you bought into the last offering or picked up shares when they were hovering around .40 OR if you buy into the new offering(if it goes on the table) or buy a lot of shares in the current price range: then $4 PPS looks pretty good! But i will argue that the RFP alone could be worth $4 PPS. But i do think they need to really get it going this year and would take it as a good sign if they would mention getting on another exchange and pursue that. Guess they figure they have to stop the bleeding first! I think the HDF filters will eventually be a good moneymaker but it will take a couple years for them to ramp it up. Look how long it took them od the DSU/SSU/MSU and they are still not making showing a profit yet...If they can't continue to increase sales then they need to cut their expenses(salesmen)!