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Re: HoanTuong post# 94076

Wednesday, 12/30/2020 4:09:24 PM

Wednesday, December 30, 2020 4:09:24 PM

Post# of 97078
Well I am making a wild stab in the dark here but...
I should think that 'sellers' are queueing round the block while 'buyers' are somewhat thinner on the ground.

And even then, those 'buyers' are merely taking bets on the value of realisable/liquidisable assets upon or immediately prior to liquidation. e.g. how much would the diabetes strip wholesalers pay for the Genultimate 510K to keep their supply chain open? How much would the South Korean partner value the 510K at that would allow then to market the strips themselves direct?

Current valuation does not set that at a very big number. But it is still a probably vast over estimate imo.