Industry Source Consulting Inc (INSO)

[microcaps1]

Re greatly undervalued, go,e.g,to yahoofinance.com. Under key statistics,they have such items as price to book and value of balance sheet expressed as price/share. Look up many of the stocks and you will find a negative book value/share,despite stock prices of 1 dollar or more. in vast majojority of cases,stock price significantly exceeds book value. Net assets divided by # shares equals book value /share-the assets owned by each share.
E.g Ford(F)has a negative book value/share of 2.33/share(with 132 billion debt) and yet the stock is around 13.50/share.

I have accounting/economic/law degrees and in my search for undervalued stocks I have researched many hundreds of companies and run hundreds of stock scans.

On average I'd say most pennys(unlike VGPR)are pure speculation because they trade at scores-sometimes hundreds of times- book value. I've only found a couple handfuls of stocks where share price is book value or less and those stocks often don't have enough volume to trade.