RE:What value are you paying for at .24 cents. $$$I don't agree with you analysis, as the stock market is forward looking.
I believe the current market cap can give investors and interesting risk reward trade off.
They have moved to some sort of roll up strategy, which can work very well and provide a lot of value, but a roll up works with a good valuation, not cheap shares.
The think to remember is that a board of Director in private equity have to work towards a return on the invested capital.
Large public companies have large investors that push for action and responsibility.
On the venture exchange the BoD (like Ryu) are worried about his personal ROI, which will be a lot better than us investors.