is $72k all it takes to keep it afloat?
Well... another way to say this is that $72K is all he is willing to put into this at this time.
I have no idea what is going to happen next. I sold my position for a decent profit a while back and I'm watching and waiting. At the current price you can lose it all or make a huge % gain on the speculation that they will be able to generate a positive cash flow. By waiting for good news a person will have to give up a big part of the possible gain. But, the odds are very much against a positive outcome for the common stock holders. Even a positive event will be diluted by the continued additional shares. With so much negative stuff going on right now to take a position the possible gain has to be huge to justify taking a position. I mean even the possibility of a 10 bagger may not be enough to warrant getting into this. And... a 10 bagger puts the price at about $1.00 a share resulting in a market cap of $1 Billion. Can a retailer that sells fluorescent bulbs and plastic boxes that is shutting down stores, is out of cash and has negative cash flow possibly be worth that much? For me to get back into this I have to see the possibility of more than 10 X my money OR a lot less risk.
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