Agreed. This business feels like a basket case. Key rules in investing in micro caps are:- 1. Back strong management and board. SCORE: 0. Has none. 2. Back a good business model supported by sound strategy. Score: 1. No evidence of one that is working. 3. Back evidence of quality execution. Score: 0. Conclusion. Run for the hills! Can't imagine why anyone would buy this problem. Shame. I thought it had promise.
JHL Price at posting:
2.3¢ Sentiment: None Disclosure: Not Held