Yeah less than $2 is about all this par value junk is really worth.
Just remember, if this company liquidated tomorrow, they are a services company. No real value. No product other than pot, which everyone will soon dilute the market and push out inefficient twats like Robbie.
As an owner in the company, debt gets paid first. If you have negative EPS, technically, you OWE the company money when they default.
You're investing $2 for the opportunity to owe the company $4 when they dissolve. Hooray!