A zero dollar enterprise value just means the company is cheap or fundamentally undervalued.
Nothing saying a company cannot have a negative enterprise value, however.
Having said that, I am looking for a good price to buy some shares in this enterprise. Been watching for a little while, noticed the rise to 6 cents and today's pullback to 5.5.
You can almost never go wrong with a company with a negative enterprise value. Unless the directors are cooking the books.
DKO Price at posting:
5.5¢ Sentiment: Buy Disclosure: Not Held