LPTN .37 - got creamed today on a failed trial. I'm showing .69/Book and .57/HardCash after subtracting the 2.3M intangible patent asset (as of 3/31 Q/1 filing). Looks like another one of those 'buy du jour's as the sellers once again fall into panic mode?
The risks in KDUS seem to be 1) if there were a dip in Miami real estate and 2) if they hold properties for years and slowly burn cash in the meantime.
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