Actually your comment is slightly disingenuous. Technically the deficit is at you say, but almost all of it simply represents the costs of funding the business over the last 20 years or so, ie the share premium when shares were sold above par, which was slightly lower than the accumulated deficit, so it is only very recently that the company has become technically insolvent. The actual deficiency (liabilities less assets) is about $14 million, and there are about 600,000 shares in issue at the moment, according to the 10Q you just posted.
What this means is that if the entire company can be sold for, say, $20 million net of liquidators costs etc, then the return to shareholders is about $10 a share. Still not a lot, but not quite as bad as you make out.
The big question of course is whether anyone would pay $20 million, give or take, for the company's IP.
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