The day after the conference call (Feb 24) the stock closed at 1.20. All sorts of rosy forecasts for the company were given none of which have panned out. No one should be surprised here. Today the stock closed at $1.04. Need I say more?
On another topic; The company in the past has had a poor record in transparency. Sometimes people change, and companies change though not often. Has Cnr changed? Do they have an auditor? Have they taken down that disgusting notice down from their website that says Cnr is not responsible for the accuracy of their financial statements? Is there someone at the company available at all times to answer all your financial questions?