the private placement at 1.6/s by ksx was announced on March 31....

the private placement at 1.6/s by ksx was announced on March 31. The sp at the time probably made it more attractive around that date to the investors.

The sp was trading around 1.6c at the time. It is actually quite unusual for a placement to be at around the current trading price and higher than the average price of the previous few days. This should have acted as a positive sign in conjunction with the positive announcements since then. Yet it is now 25% lower. I just don't believe the average investor understands this business, either that, or insiders know something we don't. On this basis, I think confirmation of revenues are the only thing that can really move this stock to new levels.