PRSS announced Q3 2014 (September 30, 2014) earnings after the close last night. Revenues were $48.6 million, down slightly from $50.4 million last year. They lost $2.8 million versus a $1.0 million loss last year. Our valuation was $11.17 down from $12.51 last quarter. PRSS is trading at 27% of our valuation. This is obviously a work-in-progress for a while. We are betting that the new (old) management can right the ship and get revenues and earnings growing again. Only mention of “strategic alternatives” was that they apparently inked a deal to sell InvitationBox” but with no other details. Shares closed at $2.97 on 11/13/2014. This is still a BUY.