There is nothing here period. Surfer has been out in the sun too long. It is not a manufacturing quality issue. It is producing a drug that is not FDA approved issue. This is not fixed by cleaning up a room.
There is a reason nobody buys even at a quarter.
There is not enough cash flow to fund operations. And their operations produce zero cash right now. So you are gambling that some sucker will put money to keep this afloat and fight the FDA.
Could be someone called the FDA found this place was on a list of scheduled inspections. Unless it is open to discussion I don't think they would reinspect the same place. They have hired someone that knows process controls. I'm just waiting for them to say what is going on or if its taken place how they did. If they get over that hurdle there is not much in the way of them climbing back. Small float. There are a lot of companies that start with little actual cash. That's why they go public.