>>None<<What is the reason for buying this stock now at reduced pricing?....see answer above
They had revenue growth but at a hefty cost and the balance sheet is out of whack....so management have now decided to focus on fewer names to release and stop all the cash bleed.....but they have to prove they know how to run a profitable company......their stategy in the past was growth at any cost and we all know that does not work.....in the end its all about being PROFITABLE
So the jury is out on this one....and yeah its cheaper now but they still have proven nothing at this point and it can continue to get cheaper.....the other factor is with the price being so cheap now....why has nobody taken a run at the company....the answer is....what company wants to inherit the company problems....looks like nobody....so we will see if they can turn the ship around.....time will tell
Good Luck!