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Thursday, April 07, 2016 9:03:34 AM
Total Assets $14m
Total liabilities $5
Net assets (assets minus debt)= $9m
this alone makes it undervalued vs $6 market cap.
Impairment of goodwill and patent portfolio
$40m!
insider buying too and now Compliance with Nasdaq Listing Requirements,and there are only 2.9m O/S. Siged an Executes Joint Venture Agreement 2 weeks ago,and executing on the new strategy announced in recent shareholder letter.
i had been on several rs's,if it for a good reason and the company has a solid Business it all good.
My posts are my opinion and should not be used as investment advice. Make your own decisions in your stock trades.
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