convertible overhang in the 1.50 range
in addition to the loose stock between .70 and $1.00 there is a fair amount of convertible debenture overhang in the $1.50 level, if an active liquid market develops this is a good thing as there will be enough stock for serious small cap funds to get nicel positioned.
however if the company is not able to garner the support of serious investors then this becomes another overhang ,
for the sake of disclosure i have been an active net accumulator of this stock for the better part of three years.
i will encourage the BOD and managment to seek greater liquidity in the stock by increasing the exposure in a number of key investor markets.
i also anticipate the company doing something to unlock the technology value ,
first steps is to engage a corporate finance team at one of the homes and get exposure...the company is two years late in delivering but they have delivered...
this is a buy and deserves to be looked at seriously