China TMK Battery Systems Inc. (DFEL)

[iindelco]

Well the stock is only worth what someone is willing to pay. Obviously the spread between bid and ask might seem to indicate the buyers and sellers cannot agree on the value of the stock. But then the stock is so illiquid, doesn't trade much, that one should question the true intent of the buyers and sellers.

As I've indicated in prior posts I don't know how this stock is being valued. The company is pretty much dark and the only information filed would suggest the company had little value if not bankrupt. One would have to go to China to have any real opportunity to know if there is any value and even then you would have to be educated in how to assess the true value of the asset and the ability to access that value. Not easy.