At some point... ...their will have to be a share consolidation here. I bit the bullet, bailed at 6.5 cents when my PP paper was free trading, and just took the loss rather than ride it down to 3.5 cents. I was told that they would only do the small PP and then boom... they put out another 20M shares on the financing.
Unfortunately, this company will continue to bleed. Will see what their prospects look like after the share consolidation. It's often the case that the SP drops again right after the intial surge when the share consolidation happens. Can't say for sure...
I a perfect world I would be wrong, their would be some discovery to drive the price up and I could make money by exercising my warrants...but I don't think that's gonna happen.
Hope is a dangerous thing...