The company is basically insolvent.
They have liabilities (not including the deferred revenue) of 0.12c!
HPTO is every quarter hemorrhaging cash in excess of $150k
Their only salvation is their legacy Graphon technology.
Though the value is probably nominal as the revenue is all coming from the same customers with zero growth the last years.
So, the share price which only, trades by appointment, has a real value of 0.01. Max!
And should any investor / shareholder have enough and decide to sell, the share price will plummet. Followed by another Reverse Split
GLTY
Recent HPTO News
- Form 15-12G - Securities registration termination [Section 12(g)] • Edgar (US Regulatory) • 12/08/2023 10:29:19 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 12/08/2023 10:29:02 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 11/20/2023 10:15:28 PM
- Form NT 10-Q - Notification of inability to timely file Form 10-Q or 10-QSB • Edgar (US Regulatory) • 11/15/2023 10:15:05 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 08/21/2023 09:23:33 PM
- Form NT 10-Q - Notification of inability to timely file Form 10-Q or 10-QSB • Edgar (US Regulatory) • 08/15/2023 09:15:05 PM
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