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Re: cameron86 post# 31

Thursday, 01/10/2019 10:09:07 AM

Thursday, January 10, 2019 10:09:07 AM

Post# of 92
You could buy all you could handle of this for $.50 for a long time. Dividend was a 1 time event triggered by a sale of a portion of the company. The company is now smaller so the high side of this should be no more than $.50 again. Note insider purchase of de-facto owner at $.70 and only 100 shares. I think that is a good indicator of the high side value of this. He may have been sending a subtle message.
Some companies are run for noble reasons by scientists and are not terribly concerned about making a lot of money, just making enough to sustain status quo. This strikes me aas the situation here as the owners are scientists. The sale involved teet dip basically and not a terribly exciting/noble cause but did provide some $.
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