Plus Products Inc. (fka PLPRF)

[jfk]

Approx $20M cap, sales rate $10M/yr, should sell for 3-4x, maybe upside 50%+ from here? Probably not worth the risk...yet. The CEO wants to keep his little company. They had better be working on a merger, or a VC infusion. Sale of the company, the longer this drags out, means a discount to the 3-4x selling price. If this means another capital raise, dilution will be severe, and they'll still be burning through their reserves. Need critical mass, and a new business model, OR sell and move on.