You and some of your buddies can scrape some money together and own your own company for $200 mil and use the AR and inventory as collaterall. Not sure at this point there is any risk as you are buying receivables and inventory which can be converted to cash. Stock options are all worthless, so no liability.
Is there any other profitable company trading at such a PE? Radio shack is getting more value and respect than Skul. This is the market suggesting this company is done and has no future.
Hard to believe that big money isn't taking a flier and nibbling at these prices.