Yes, but they had to borrow $3 mil a few months ago on fairly toxic terms just to keep going, which is now almost as much as the $4 mil market cap. So the math is not good, plus the reverse split and continued free fall is ominous. I have a limited ability to fully analyze small stocks, but it seems like going out of business is a real risk here.
That said, some type of Jan effect bounce seems quite possible, and a chance for a quick trade. But longer term success for the company seems like a long shot, not impossible but odds not good. I like following some of these micro plays, but eventually decided on a strict $1000 limit per stock to limit the potential for disaster, and to 'live to fight another day' :o)
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