New price point - Good move by George This was a very good move by the company in my opinion. We all know that the .03-.04 range was too low compared to the actual value of the company. However, when the price is in that range any move up or down represents a 25% increase or decrease in share value, and therefore can make the idea of buying or selling the stock in this day and age a scary proposition.
Having the stock in the .20 cent range will increase the number of shares traded on a daily basis (once the dust settles) and will thereby increase the number of people watching and (hopefully) buying the stock. This in turn will eventually increase the base buy-in price for the average shareholder, and force the price back up to where it actually is valued and should be trading.
The company has also made itself more attractive to pp than it was at the .04 price range. The largest problem with trying to secure a pp at such a low share price is that making a warrants price is very difficult. .005 too low and the shareholders b#*ch at you, make it .005 too high, and you can't make a deal at all. With the new price point, it gives substantially more wiggle room for cutting a reasonable warrant price, and once again, makes it more attractive to outsiders willing to negotiate on the deals.
I think George has shown good judgement once again in managing this company, and I for one will not be looking to sell any of my shares until the end of next year, at the absolute earliest. This is a long-term stock with a bright future, and we should be very excited about buying in on the ground floor. After 5 quarters in the black ( which I believe will be the next 5 quarters), this company is going to provide all of those who stay in with a comfortable nest-egg.
For those who decide to sell, I suspect they will look back soon enough and only be able to say "Doh!!"