Thats right. Divide the asset value by the 1.5 billion shares and see what you come up with. Your talking crap value. If you stop trying to defend your purchase of the stock and start think about risks and worth maybe you will come to the same conclusion I have. You have to wait and see what develops and eliminate wishful thinking.
This is only my opinion. You should research before you invest to limit your risk. When you invest in pinks its all risk and most fail, Never risk more the 10% of your holdings in pink sheet stocks! Howard Haftel