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S&P 500
5,464.62
(
-0.16%
)
US TECH 100
19,220.00
(
-0.20%
)
Dow Jones
39,150.33
(
0.04%
)
Brent Oil
84.39
(
0.00%
)
Bitcoin
64,356.00
(
0.17%
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fred500

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fred500

Re: None

Thursday, 01/30/2014 7:59:09 AM

Thursday, January 30, 2014 7:59:09 AM

Post# of 7387
Somehow the word needs to be gotten out that the market cap is now less than the value of the net tangible assets. The latest quarterly report shows net tangible assets at $4.123M. Cash on hand is $1.841M, Property Plant and Equipment is $3.327M, and Total Liabilities including Debt is just $1.206M.

There is no way the market cap should be less than net tangible assets! It is way oversold, but unfortunately being so far under the radar the market isn't noticing that.
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