Landsnack Monday, 08/10/20 08:45:18 AM Re: JPowellBrrrr post# 177871 Post # of 178631 The book value of POTN is below the current market cap. The only asset someone would consider is the value of prepaid product - lets call it $5M - but their liabilities leave only around $240k (give or take) in equity. They have no patents, no real estate, nothing else of value in terms of assets. I don't believe anyone would value the brand at this point since its reputation is corrupted, sales and margins have declined dramatically, and they're losing money, lots of money. Last reported sales were about $1M/quarter. No one will pay for sales numbers before that. That's $4M per year assuming sales remain flat. What would someone pay for $4M in sales considering those sales generate less than zero profits? Assuming the most generous best case, its maybe $4M (which is 10 times sales even though each sale loses money) - less than the cost to pay the liabilities - so the company's market value is currently less than zero. They will need to turn around sales, margins, and earnings dramatically to change that, but anyone looking at it would want to verify all the numbers which based on the auditor's notes would be dubious. .