However there is a cost associated with being a viable shell, and for those companies that are in the small range with revenues under 15mm it might make sense. Certainly it would make sense for insider holders (however many mm's of shares are held restricted or in inventory) to award to a new company who can thake this forward with enough force so that the total )shares and new cap and opportunity) equal a real meaningful return for holders.
I look to see if the principals are stakeholders in current common. We all got shafted with the RS which really means we need to see a share price at .15 - .20 cents and more to even get close to even from JUST the reverse not to speak of restoring the damage to value that past companies mgt (Vencor with Vega and Plad) did to common holders. The amazing thing is that for all the delays and PS work and two company mgts we are worse off (value wise) then we were at the beginning 3 years ago.
I do feel that the current mgt has also suffered in this -has lots of money out so has a interest in seeing a real return. Whether that includes current and past common holders (via losses and valuations) or not is another matter...
Be nice to get some mid term update...or public sign things are moving