...Blue chip stock or not the shareholder is entitled to some justification from the company for these kind of consistent negative results...
I am not sure how you can define ``negative`` with a 10 time return on an investment from less than 12 months ago.
If you own the stock at $1+, I understand your fluxuation frustration (say that 3 times) but it seems misplaced considering the announcement by management that they would not issue an 8K for future signings. They also announced a buy back program. They gave you a $.02 then a $.04 divy this spring. IMO, these are not signs of a poor management style or poor results. To each his own, but my glass is more than half full as the future looks even better than the recent past, IMO.
Good luck with your plight.
John