My point was in regard to if he would have chosen to maintain the shell. There is value that could have been retained here for shareholders. A multitude of items affect valuations including age, debt on the books, quantity of holders.
Yes so have gone for very cheap, I'm seen others go for much more.
Whether the appropriate value is $70K or $700K at this point is pointless to argue. Because he chose not to do any of it.
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