That theoretical sum if questionable as to whether it is actual or just a reporting value and a due diligence will flush that out very quickly. The cash in bank that was reported in the September quarterly report has been eaten into already and we still haven't seen the latest quarterly. Interest earned should be there and the revised cash in bank and the next quarter forecast. Nope, it is still an expensive shell in my view.
1PG Price at posting:
16.5¢ Sentiment: None Disclosure: Not Held
