To be a $3 stock again, we'd need quarterly profits of about $0.05 a share (very rough calculations). Once profits kick in (as early as Q3) they will continue for the forseeable future. The company is now leaner and has the ability to be more profitable. The bad stuff is behind them, it is just a matter of time. Bankruptcy is off the table, that is the important thing. This should be trading at about $1.50 right now.