FNHI is still below .02, because the penny stock market is based on the credibility of the CEO(management), and, FNHI's CEO has 0 credibility, so the market doesn't trust him anymore, even if finally he released the Qs.
All we know that the penny stock market is full of crooks, liars, scammers, so precisely because of that, credibility is key here. When a CEO(management) loses the credibility, he is marked for a long time.
It is difficult, and, takes time to gain credibility, but, very easy and fast to lose it.
FNHI needs to at least upgrade to QB, list on CSE, and, file the next 10-k on time, to see some positive reaction on the PPS.