InfoSmart Group Inc (fka IFSG)

[operating_line]

Some facts:
BVPS: about 0.13 in 2010
http://www.gurufocus.com/term/Book%20Value%20Per%20Share/OTCPK:IFSG/Book%2BValue%2Bper%2BShare/Infosmart%2BGroup%2BInc

After HDVD/Blu Ray battle, DVD strategy for company outlined
http://www.nfvzone.com/news/2008/02/26/3292682.htm

Blu Ray equipment purchased
http://anwell.listedcompany.com/newsroom/Anwell_Press-Release_Infosmart-Contract-.pdf

Independent Board of Directors guiding this process.
http://www.marketwired.com/press-release/infosmart-establishes-independent-board-of-directors-749002.htm

"The experience and leadership of our four independent directors will be instrumental in creating an actively traded and fully valued stock for all Infosmart investors."

Bankrupt two years later due to missed interest payment:
"The Boards believed that it was in the Company’s best interest to wind up both companies because they owe significant amount of debts and cannot continue their business"
http://www.sec.gov/Archives/edgar/data/1066961/000114420410034129/v188590_8k.htm

A victim of the financial crisis perhaps with harsh economic conditions but no update since 2010. Missed an interest payment but hardly no value left no company. BVPS = 0.13, LVPS=? "in the Company’s best interest"