9miles: I do not believe that buying shares in an insolvent company in which the last 5 (or maybe even 6) quarters had negative revenue (negative gross profit), that has a ridiculously large market cap of $30 million and millions more dilutive shares to be registered in the immediate future, to be "buying low."
IMO, those who buy now are buying extremely expensive shares that have virtually no chance of substantial long term appreciation, even if the company survives, which is doubtful IMO.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.