Electroglas, Inc. (fka EGLSQ)

[Oxonius]

Here's the deal on this stock - they are in the concluding stages of Chapter 11 proceedings and no one appears to know if the money received for their two sold businesses will exceed the costs and obligations associated with their voluntary bankruptcy. The wafer prober business was, at one time, large and dominant and the new owners have inherited a very large established base of installed equipment (which comes with high-margin servicing and spare parts agreements) - they bought the whole business (and got whichever employees they wanted) for an "undisclosed sum".

So, the gamble is on how much, if any, cash will remain - personally, I always thought that $2 million or more might be possible and that translates into around $0.075 per share.