RE:RE:RE:Q4From the recent MDA:
4. Leverage Pioneering’s SmartBurner Advantage. The Company will continue to differentiate its superior capabilities versus new competitors who have recently entered the market. Pioneering views these new product introductions as an opportunity to help grow the category while at the same time demonstrating its superior product offerings versus both new entries and Original Equipment Manufacturers. The Company will focus on converting these to its advantages in this regard into longer term partnering opportunities/synergies/alliances.
So there you have it.........there are new competitors. If this market was so crappy why would there be new competition? Something smells very fishy.
The good news is they have not given themselves any new stock options at these ridiculous prices.