RE: Re no earningsAs one uneducated speculator I purchased at 20 cents immediately when it opened for trading. Sold enough at ~65 cents to ensure a zero cost base. Doubled down in low 30s.
Bowfish is probably not far off on his guess for cash and remaining useless equipment as at December 31. Guaranteed that the rest of their crappy equipment is up for sale. They will get their financing done at 20 cents or whatever price the institutions are willing to commit at. It does not matter how many shares are outstanding. The point is that this is a new management recap story. Full stop.