" Maybe it would be a better option if they sell building, hell that would put 8-9 million back into the bank account for other uses.'
Excellent point and under normal business circumstances makes perfect sense. The key words are "for other uses". What uses? this company has an accumulated deficit of $262 million+ and growing, with nothing to show for it after 20 years. Putting another $9 million in cash on top of the existing $30 million is frightening, keeping it in California real estate
keeps it a little further out of their hands/pockets.
With a really solid plan to make money out of the cash (instead of more losses), with accountability attached, sure it could be a real opportunity. I know of no such plan.
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