Innovex Inc (fka INVX)

[Superfly15]

Nice find level, i'm pretty sure that if there is any chance of these guys surviving it is significantly undervalued. Was looking back through their old financials yesterday and it appears they were doing ~15-20 million in revenue per quarter in 2008. Even if they have 1/10th of that left we're looking at at 1-2mm rev/quarter which is 10x + of the current market cap. I'm assuming they have more than that though.

Innovex, Inc. Comments On Q4 2008 Revenue Outlook
Sunday, 20 Jul 2008 08:00pm EDT
Innovex, Inc. announced that it expects revenue and revenue excluding pass through material in the fourth quarter of 2008 to grow incrementally at a higher rate than reported growth for the third quarter of 2008. The Company reported revenue of $16.2 million in the third quarter of 2008.

Also, the bank has been working with them since 2008, not sure why they would stop now :

Innovex, Inc. Obtains Approvals For Debt Restructuring
Thursday, 1 May 2008 05:00pm EDT
Innovex, Inc. announced that it has received written confirmation from the Company's Thai banking partners, Bank of Ayudhya and Thai Military Bank, of their approval of a restructuring of the Company's long term debt facilities with these banks. The debt restructuring is subject to negotiation of definitive documentation, which the Company expects will be completed in the current quarter.