Friday, March 20, 2015 10:53:03 AM
That said, I think the most important take-away is that they filed the 10-Q. Even though most of the stuff is just cut & paste from their past reports, the fact that they are still fully reporting and now current is better than most other triple-zeros out there.
This is a good lotto play at this point IMO. There are a ton of new shares in the market now and one thing we all know about the VC's is 'ROI is in their DNA'. Like you said, we've been at 0.0001 for more than 6 months. Now they are current again with filings, and OS is still a little less than half the AS... it seems like if they are going to do anything, they would want to do it fairly soon.
And there is the whole ERBB thing... whatever that is. I think this will eventually move one way or the other. And, if they announce an acquisition this spring/summer... we might get our 10 bagger.
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