Inventory is $1.919 per share.
Inventory is on the books at $10,632 thats net of valuation allowances of 5.266 million.
So its very possible the inventory is near market value.
Yahoo shows 3.15 book. I came up with 3.1743.
The losses continue. As does the light insider buying from time to time.
This appears to be a "hurry up & wait" investment with little downside risk.
But, its very possible there could be no significant upside for a few years too.
So it goes with "cigar butt" investing.
More insider buying reported on 6/28.
They appear to buy all month long and then file once a month. Shooting the SEC a bird along the way I guess.
smaycs4 - Do you think their plan is to take it private and then sell off the assets, shutting out the shareholders?