based on what? this company has spun off all of it's assets and is a shell - further it has 272M shares out.
Even at .02 cents thats a 5.4M market cap
I tend to like pink sheet companies with a small market cap -
for instance consider WDSL which has a market cap of $1,000
Now if someone told me that would go to $1 or even $100 I might believe them since there are only 201,000 shares out.
for this to go to $1 the company would need to have a market cap of $272,000,000.00
I just dont see that happening even if they come along and do some kind of merger.
Pretty clear DD that the 6K filings were for a different company-
The 2/1 FS for a different company. No BK called off. No big contract.
Just my opinion for what it is worth.
Now, convince me that by June/July this will be at $1.
What will be the catalyst to cause that?