The debt bomd that was this co is finally exploding. 400 mil at 12% for a nickel & dime business is guaranteed failure. I was only amazed that it continued to levitate for the past year. The stock is worthless. The assets are not worth anywhere near 400 mil. And to hear kwaders earnings forecast at 1.50 shr was comical. This guy has been making off the wall calls for 3 years. Reality showed losses rather than gains. GET OUT NOW WHILE YOU CAN STILL GET A FEW BUCKS FOR THIS SHELL OF A CO.
" assets not worth anywhere near 400 mil " and how!!! Even with a generous valuation by a co they hired who'll give them every benefit of the doubt on the value of their dives, er, I mean plants, they still have to flush 54 mil of shareholder equity right down the toilet in a writedown. 8.00 per share loss. Bankruptcy looms near.