I do concur with your position. I'm just not sure this current mgmt team will pull it off. They really need a strong CEO to come in and take control of this company. The problem is what strong CEO is willing to come into this organization with all their issues and the risk of being a going concern is high. Without such a CEO and the patent, the future is bleak.
I've already took a hit on a company flipping its shares when it filed an RS and caught me with my pants down. Although it recended the RS, the damage was done and it never recovered.
I will sit on the sidelines here and just wait to see what happens. I agree this is a real company with a real product, we just need 'real' mgmt to lead her. gltu