Just because a company isn't making money yet doesn't mean the...

Just because a company isn't making money yet doesn't mean the SP has to be low. There are hundreds of companies not yet profitable with SP's 10x higher than CAQ.

As to why it's trading so low, it appears a large seller or 2 are desperate to get out for whatever reason, hopefully once this seller has sold out we can see the SP move back up to where it should be. I wonder if it's anything to do with the convertible note holders that have been converted to shares recently, there have been a couple of conversions recently around 25k worth of shares each.

I can't see any other reason why it's being dropped, the company haven't annnounced anything.