Another interesting fact in this stock is the amount of cash on the balance sheet and the book value per share.
Have a look at the following financial figures reported by Yahoo Finance:
Total cash: $9.5 million Total debt: $3,000 Cash per share: $0.04 Book value per share: $0.04 Share price in the market as of July 11, 2017: $0.0405
What does it mean? It means that almost 99% of the share price is cash in hand. If this company is liquidated shareholders would obtain almost the same amount of cash that they own in stock.
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