Just one more reply. What is a publically listed shell company worth? Between $700 K to $1.2 Million. CNN at this stage has zero value aside from the shell. It keeps burning cash, it keeps making losses. All it has is blue sky. Consolidate at 10 to 1 and if no improvements come out then by your own argument the price will drop back to $0.002. That would be its true value.
$0.002 has been around so long now that it a floor.
Show us the money first! Then consolidate.
But in any case, it is all irrelevant. In my view, we are being sold out.
Pear
CNN Price at posting:
0.2¢ Sentiment: None Disclosure: Held