re: updateWhile his update is mostly accurate, he left out the real reason the stock is, and has been under pressure. The company, via friends, relatives, and close associates, who participated in the PP's were well taken care of, and were not in ASD for what might happen down the road. No, they took their profits and ran. We have dealt with pretty much all that paper and maybe.....just maybe, those left are starting to realize that the paper they hold will give them many times the return of those who just turned the paper for a quick profit.
No doubt some of the pressure was, as I think Curtisprod mentioned those selling ASD to buy REV. IF, those people sold both stocks anywhere near their highs they did well. Meanwhile, predictions and comparisons about the two companies are like comparing apples and oranges. So far, all that REV has done is similar to the first run in ASD, and now regardless of the reasons or excuses, it's experiencing the same problems as ASD. Maybe there is a common link to the problem, I'm not sure.
What I do know is, ASD is building value via the drill bit for shareholders right now. The market may not be reflecting that for some of the reasons Mau stated, but in my view, it's harder to achieve credibility once you have been burned. ASD has burned a lot of shareholders, not traders, true shareholders, in the last few years. Hopefully the reports that come out in the next few months give Donald Gee that credibility, and he is able to back up what he says with more than enough facts to open the right doors in the investment community.