There is a possibility that the shareholders will be able to replace management and get the company back on track.
A couple years ago the company had a product sorely needed by a huge market. They also had non-toxic funding. A hedge fund also loaned the company money and took the company over and destroyed it.
The pps should have been well above $1 at this date, if the company hadn't been destroyed.
The company also lost the license to manufacture and market the product, but there is hope that with new management, the company can get the license back.
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