is it a joke, page-3

Hi asf I have done a fair amount of work on QTG.The history of QTG is that they bought the API business a couple of years ago for $13 million and was funded primarily from debt.The debt providers were primarily Helmsman and GE finance.Now that API has been sold this debt has been paid back.They now have a facility with GE finance of up to $3.4 mln so they may have only used say $1 mln.So debt wise I estimate they have very little.I also know the average price that Helmsman the substantial holder has paid which I estimate as 3.1c.
They appear to have reduced costs for the sizing of the company at the $25 million sales mark.The current market cap is under $3 million and if they sold roughly half the business for $13 million how much is the current half of the business worth?