RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:This link might explain why you are nervous Newcoin...You should not deviate from relavant discussions. Your argumens tend to be extreme, and lack an objective perspective.
Despite what have happened in the past which is the reason why the stock is trading at a huge discount to the net cash value, what will likely happen next is most relavent at this point.
Given that the company is working on a transaction to sell the loan division or monetize it, upon announcement or completion, the share price should respond corresponsively at least increase close to the net book value should the company distribute the proceeds to shareholders or the company receive shares from the acquired company. This is assuming there is no premium to be sold/montetized for the loan division. Any premium of course will result in further upside potential.
On the other hand, the billing division continues to show signs of growth and potentially will bring more revenue as it currently stands close to $2.5M per year. If acheived, again will provide further upside potential.
So overall, we start with 37.4 cents net cash position, not even including any upside potential, and now it is trading between 17-18 cents.
Buy or sell, you decide.