There have been many companies that have sold below the yearly revenue value. SO THEREFORE, your point is mute, void, nill.
Dicon is just a patent holder and manufacturer.
$4.5 million is a lot of money by the way. I've known Hotel Businesses that are worth $50 million sell for $9 million. does that mean it's fishy. NO!
..... You said..:
DICON sold for only $4.5 million cash , that is really small company IMO , something strange with that low price IMO , were is the 8K the PR said was forthcoming, maybe that has more detail , Maybe there is some debt and the like taken over or some restrcited shares or something given? Something not right with that purchase price IMO... If it is correct price then DICON was not some bigtime company , a large player could have taken them out and bought the patents and or the taken the royalties from SPNG on the license.... they must not be worth much if they sold entire thing for $4.5 million.... something strange about the price paid IMO..... I hope the 8K they alluded to in the PR and the upcoming filngs may have some detail....
