RE: RE: RE: Rob BaKShi is obviously a smart guy "If" this hits 1.50-2.00. That would value the company at over $50 million dollars. Which, I doubt will be the case cosidering the debt load.
As for the loses. If the company borrows money and they "lose" the money yes they can "write it off" for up to I believe three years however, they still have to pay back the money they borrowed. You see, what Isee3D has been doing is borrowing money to pay the interest on other loans and of course managements high salaries. It seems to be too close to a ponzi scheme in my opinion. Read there finacial reports they have liabilities of over $34 million dollars and revenue of only $60 thousand. Its better they pay Rev Canada and have no debt than have debt and not pay rev can.
Active Witness does have to pass regalutary "muster" however its much easier than going public on their own.
It almost seems like the stock price was pushed down then once it looked like it was at a bottom they ask the trading to be halted and say they are being taken over at the bottom price. seems suspicious to me.
And yes your right 20 cents is better than zero, however, I dont like having money tied up like this. Its dead money to me. The chances of it hitting 20 cents are slim and far. The only chance we have is a Sino forest like scheme. There is a possibility this stock shoots up we just have to sell and not beleive the bs coming from management. Fact is they have had over twenty years to proove themselves and they have never been profitable. The chance that they will become profitable now is quite slim.