The scary thing is as far at this has dropped it still looks very expensive compared to other tech stocks in similar situations.
1pg. Before a board revolt was trading below cash backing, and actually had some sales to speak of.
EVS. Is trading at cash backing with 1 million in recurring SAAS revenue and a book of solid clients.
CVT above cash backing no history of any sales traction
I bailed half at 9 cents the other half at 6 and felt very hard done by as though the market was wrong. Now running the ruler over it again I wouldn't be interested in re-entering in less than half those prices.
CVT Price at posting:
3.0¢ Sentiment: Sell Disclosure: Not Held