There might be a chance they want to surprise with their official version of their financial statement; another attempt to propagate an artificial run up in stock price.
An R/S is inevitable.
The numbers officially estimated by management to be 3.1 mil 4thQ; the company need to beat it by a couple million. 5.2 million would shoot this stock back up to .50 IMo.
Can they do it?
Dude, it does it take a rocket scientists to figure this out. The question isn't why the company would lower the price but who is doing most of the selling.
The answer is 100% the company is doing most of the SELLING.
Mr. Lee also commented on the status of the Company's pending proceedings regarding the listing of the Company's Nasdaq listing. "Our hearing before a Nasdaq Listing Qualification Panel to review our listing status on the Nasdaq Capital Market has been scheduled for February 11, 2016. We look forward to presenting our plan to regain compliance with the Nasdaq Listing Rules at that time. Any delisting action will be stayed until the Panel renders a decision subsequent to the hearing
"Tired of waiting for the buck or 3 bucks that won't ever seem to come because of the naked shorting.. Less"
"That coupled with 4th Q earnings, no problem hitting a buck IMHO"
Dude, do you have schizophrenia?