what changed? half a million in losses and continued decline in sales. people dont invest money in companies losing revenue at the clip of 10%. especially not in sectors with sector wide contraction. the company - if private - would be worth half of its present cap or less. if it were private, it would be bankrupt actually. so far cue cut expenses. is that hard to do? memo: no more marketing budget, no shelf purchases, and fire people. wow. tough. maybe i should get a couple million free shares for that.
when sales rise or when there are significant earnings on existing sales (or even on somewhat reduced sales), then you will have volume. there has been no positive news release since she took over. hence the 28 cents share price. hence the lack of investors.
more diliution to follow, of course as cash runs out due to losses STILL of 2 million a year. happy to be corrected. have not listened to the cc. cuz, nothing changes.
you really should listen to the CC. No dilution this year. Last Q, they generated cash. They actually hired salespeople and are incentivizng them and distributors based on sales. They will now focus on growing sales while living within their means.