Is it a 'negative comment' to post basic fundamental information, or is it simply objective, factual commentary?
Here are the basics:
Shares outstanding: 111 million
Today's price: $0.13
Market cap of common stock: $14.5 million
Total assets: $3.6mm
Assets (not including goodwill): $1.2 million
Cash: $0.1 million
Liabilities: $3.0 million
Revenues last quarter: $0.2 million
Operating profit: -$0.2 million
The company is in dire need of cash. Despite having reduced inventory by $250,000 from December thru September, cash has risen only to $56,000.