"book value = (shareholders equity-ps)/OS I am only assuming the book value here based on estimates since we haven't had financial data since September. Roughly total assets= about $4-5 million minimum FS said the debt is $1.1 million OS currently about 1.4 billion So today the book value of each share about $.015-.02, that is a very crude and rough estimate. But those are IMO and based on estimates without incorporating revenues and dilution and other factors. IMO"