Re Re Re Market Cap...I agree with everything in your post with the exception of any property worth anything.
Never been invested in this stock and happy about that. I cautioned people that asked my advice many years ago (about 10) not to invest in a PP which I believe was around 50 cents at the time. I could be mistaken on the price but it was around that figure Some took my advice others did not. Several years later I was confronted again by the ones that invested and the stock was down to the low twenties I advised them to cut their losses and get out. They did and thank me to this day( what is it now about 1 cent pre consolidation
Sometimes investors just have to learn the hard way. In my opinion this company should never have gone public in the first place. This is just sad that after all these years of frustration for investors that it has come down to this. Just someone playing out their own little fantasy with other people's money.