Intelliplus - cause for optimism? (IPS)

So, results should be out this month. I'm a long time holder of this stock seeing the price on a continual drift downwards and a steady dilution of my holding through numerous issues of equity. But I've stuck with it and have seen quite a bit of corporate activity through the last six months with acquisitions, etc. Current market cap is 12M. What are the prospects here for a price recovery on the back of rising turnover and profits??