I agree with you, their balance sheet is upside down and bk is always a possibility with a penny stock, but they have a lot of dry powder on hand (untapped financing arrangements) along with wealthy investors that can step in to help, so I think bankruptcy isn't something to worry about in the near term. Absolutely this stock is based on good news, without a doubt. However, in order to see the good news you have to peel the onion back, it's not going to jump out at you. In my opinion, there's a lot of great things that hopefully will happen, that's why I'm here, that's why I'm invested, and they are not having any trouble attracting wealthy, well established investors with equity, which I think says a whole hell of a lot. With that said, I fully realize this is a highly speculative investment.
