LOL, it was earlier today you called the $.52 a bottom. Definitely not an easy 100% gain - unless they liquidate, which gets less likely every day. Remember, once the merger takes place, all of CBYL is about 20% of the new company and the existing (private) shareholders have 80% - and I'm betting CBYL is contributing way more than 20% of the cash, if not all of it to the merged company. Basically, we're selling our cash at a 60% discount. Not a bad deal.
CBYL is the cheapest Nasdaq stock in terms of Zero-Debt and $1.37 BV & $1.40 CV! Easy triple from the new bottom to $1.38 while the most recent high was $1.43...
Only 13.16M shares Hyper Tiny float! 50.02% Giant Insiders Ownership!
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