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Wednesday, April 16, 2014 10:57:53 AM
It's about 2.5 cents away from zero, and zero is about what their cash balance is. The market cap doesn't even cover the cash deficit and debt anymore. The market, right now, today- is "valuing" the company at about ZERO, meaning if the debt and cash deficit is accounted for against the market cap- the remainder of whatever makes up "the company" (a leased building, some lab equipment, some intellectual property "maybe" as most has expired off patent anyway)- whatever "it" is, is being assigned a "value" of about zero as of today. If liquidated, they can't even cover the debts they owe.
Yeah. A nickel- sure.
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