If I understand your comments, are you saying the company is worth $3-5m if they cannot cut it and someone buys them out?
This puts share price in the event of failure in the $.006 - $.01 range, right?
Seems like the failure is already priced in then, which means you can buy here with somewhat limited risk... if the company beats expectations or delivers on breakeven by EOY then the upside is obviously huge here...
Just trying to understand other's perspectives here...
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.