My guess is that Formula has only a few people maybe only one or two. And that it will be difficult to get Formula to approve anything higher than 4.00 because there're so small. And I would imagine the buyout if it ever did happen would be highly leverage.
It's really hard to tell what's going on because this company really doesn't file any financial.
Looks like it won't see a 1.00 for a while.
All posts are In my opinion, and are not meant to harm or defame anyone, please do your own DD.
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