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Toxic Avenger

03/16/16 3:56 PM

#2434 RE: ur1951rck #2433

Not exactly.
ASTC had $20 million in cash at year end.
They got $6 million in hold back.
The 4th quarter bled $2.5 million in cash, so they likely have around $25 million now.
They have been losing about $2.5 million/quarter.
They have about $1.20 in cash now.
They announced an order with no details.

I'd say they'll be lucky to be worth $1.50/share, and I suspect you'll see it head there this year.