RE: big question is...?Charles, book value will most likely be much much less than what is stated on the books as value.
The plant and equipment are specialized so pennies on the dollar. Intellectual property is mostly worthless because if it had much value they wouldn't be having so much trouble selling the product. Cash and property are all thats pretty much left, and we all know how long that will last given the burn rate.
Perhalps a white knite will come along ... one never knows. Just don't give Management any credit to pull a rabbit out of a hat.