One thing seems for sure: If they closed on a $110 M deal to sell LA tomorrow, the stock would climb to $2+.
Eventually, value will win out here, and this will be a $3-5 stock. The only question is whether that is 1, 2, or 3 years from now. Or taken private for $2.50-2.95 before the year is out? (Which, as a near 2% holder, I'd support, at this point...as long as it were announced sooner rather than later.)