I am in this one. To me its a lotto ticket. But, if the company has 50 million in revenue and the shell has a current market cap of under 2 million math would dictate the stock is cheap. My concerns are how the deal will be structured and how dilutive it will be and the real possiblilty of a R/S.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.