Looks like a train wreck. The assets must be good, because they...

Looks like a train wreck.

The assets must be good, because they are not doing anything with them to even justify a sp of 10 cents.

Surely the directors knew what would happen, if not oh dear, so could be part of a plan.

If it was 8 cents, surely you do a straight placement with that, but plenty of better stocks to buy at that price.

Might buy 500 dollars for fun on the basis of assets and track record, which is both great and a total collapse of a company.