Ditto,
Economic individuals with PHDs don't invest in pennies. The numbers never make any sense to them.
There is no book value. The company sold all of their assets. It is a shell, with no assets and carrying a debt of $180k. It does have a tax credit of $44 million that can be carried over to the company that rolls into this shell.
Go do your DD on shell companies. That is where you should apply your DD.
What separates CWDW from all the other shell companies out there today? Management. Plain and simple. You will find a couple of thousand shell companies that trade on the OTC That is not including all the shell companies that trade on the pinks. You will most likely find some shells with less debt and better share structure. But you won't find one that has the experience that Mr. Solomon has and the connections.
I am not still holding my position because I am up over 400%. I am still holding my position because the dots point to Palmaz and I am greedy. I could sell my position slowly over the next week and still walk away with about $40k profit. I am not wanting $40k profit. I am looking at possibly $millions$ That is what keeps me hanging on.
Take the Anal out of your equation and you will be able to sleep at night. Being anal about pennies will cause you to be a candidate for Sesame Stent.
News 
Market Data 
Discover 
