InvestorsHub Logo
Followers 0
Posts 52
Boards Moderated 0
Alias Born 04/18/2017

Re: powerbattles post# 4003

Tuesday, 06/27/2017 5:36:09 PM

Tuesday, June 27, 2017 5:36:09 PM

Post# of 4287
How are you calculating the valuation? The Company has a negative book value and the cash generating assets (the portfolios) are decaying every day (as merchants go out of business). I think $6mm market cap is generous considering the bank loan that would need to be paid off in a liquidation. I think the bank would be lucky to get repaid at this point.