Just Before The Close I Got 11.30 Low , Sell High
The Mortgage is covered by the receiveables. At this time OVTI has a close to negative enterprise value.
Strip everything away and MR. Market is valuing OVTI below zero.
Or another way of looking at the today's proposition is that Hong could buy back every share and still have cash and assets.
A paltry 4.5 million buys 2% of the company..........What does everyone think is about to happen. The beauty of the deal is that when things turn positive the profits soar.