No doubt it had a bad history with Flo, but that doesn't mean whoever takes it over can't change things. RNVO to BBDA is a great example, after new ownership took that over it ran from .0001 to .006, came down since but you could have sold into that run. Just gotta wait things out here I guess.
My post is only my opinion, I recommend you always do your own DD! I am not a licensed broker or a professional by any means, so take what I say as entertainment value at best.