RE:RE:Sell ASAPSince I am not the person you asked the question of , I just want to say why would anybody short shares of a micro - small cap - which trades few shares ?
Why would it be bad if options are in the money at 65 cents ; might it not encourage management to take actions that raise the share price so they can make more money excersing them and then selling at a higher price?
As for accounting , companies do take impairment charges like writing equipment off and later find a buyer for that equipment.
You do know the company has cash, right?