Toxic Avenger was a great movie! :)
Toxic, obviously you are right in terms of the past action, however many of the current crew got a bit of stock only when it fell to .0001 with a valuation less than 500k.
The company is operating, I spoke to them a few weeks ago, the Indian subsidiary is operating and hiring. Although it is possible the company somehow gets absorbed into India, effects on US shareholders unknown. It is also possible they file bankruptcy or go dark for a long time. All those things are true and most likely failure is in the cards. I said that the first time I posted here.
However unlike many other such companies that followed this route, sales have gone from 800k to 1.7 million to 2.7 million (9 months) and probably finish out at 4- 4.5 million for 2015 (given the October close of Argentina).
They have an actual product, actual and growing sales, and had been reporting right up until the annual was due. The game may very well be over, but who knows.
We all know the stock is not moving until things get worked out (if they can be) with the convertible debt and other issues.
Its easy to say the stock droppped from a pumped high to .0001, but some of us are here at .0001 in a binary play. If it turns, its a multi-bagger, if not its a 100% loss
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