ViewCast (VCST)

[BruinOtwo]

$70 million just sitting there for the right person.

The 2016 shareholder letter indicated that viewcast has sold all of it's operating assets and are receiving royalties. Bummer.

However, the company noted that in essence they're a corporate shell company actively looking for the right company to merge with. The added benefit here is that $VCST has retained a $70 million tax loss carry forward tax cut that the merge company can use to offset future capital gains. That's an absolute no brainer!

Tldr: VCST's current value is $70 million plus monthly royalties from their sold Osprey and Niagra businesses.