RE:RE:RE:RE:RE:writing on the wallsYou`re right. They got 10m in NWC (inventory, prepaids, receivables - payables) and 18m in debt. If they were to liquidate the business, they would owe a net of 8m. Plus, the company`s market cap is 9.75m, so total EV is 17.75m. On sales of say 50m (I think they would be higher, but lets be conservative and use last quarters sales numbers, and 0.5x revenue multiple, you get 25m, so 8m higher than implied EV or 82% upsideon 9.75m equity. If we`re a bit more aggressive, we can use revenues of 55m and revenue multiple of 0.75x (what they got for Kiju, operating in a far more competitive industry), for EV of 41m, or 23m higher. That represents 138% upside. Use 60m in sales and 1x revenues and you get 330% upside. Also, in private hands, this business can say generate 5-10% EBITDA margin, so even at 5% of 50m, you get 2.5m EBITDA. Put a 20x multiple on it, you`re at 50m EV, or 240% upside. The question is will the CEO swallow his ego and sell the company? He's destroyed a lot of value, I hope the special committ e and board does the right thing...