I added another 1m yesterday. This is a garage sale price from my standpoint. This isn't my first time on this roller coaster. I bought last time at $0.0006 and sold at $0.0072, made ~$8k. I'll do it again. I'm playing with money from my previous profit. I'm riding 5m shares now that were essentially free.
Now, I'm ready for it to move north! I'm in. Personally, I expect them to be bought out by a larger fish. Someone mentioned Raytheon in a previous post (on investor hub), I don't think that is beyond the realm of possibility. Is it likely? Who knows.
The company has been very quiet over the past few months. That could be interpreted in different ways. If a deal is in the works I would expect silence before the move. Then again, they could be running out of money to continue operations. Both are possibilities, among others. But, the upside potential if making the right guess far exceeds the risk of inactivity on my part.
Considering GE built and sold a shoe scanning device that sold for $100+k that did essentially what the MagShoe does (but less reliably). There are potential buyers. Granted, they aren't selling like hotcakes right now, that doesn't mean they won't be in the future.
Also, the TSA has expressed interest. Please see relevant links below for validation of my comments: