The value of CGDI's commercial holdings is reported to the SEC as $66,000,000. With only about $35,000,000 shares outstanding (and trading float under 3M shares), the value/share of their commercial real estate is $1.89.
Put it this way, if CGDI were to stop all operations tomorrow, pay off all debt, sell their properties, and distribute cash to shareholders, shareholders would get well over $1/share back.
THAT is how undervalued the company is....and yet they're trading at a PE of under 1 (like CYXN was a few weeks ago). When they report annual numbers next week, the stock will move.
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