Indiva Ltd NDVAF

Medmira 718 million shares and can still get

[ScarletSpider]

To obnoxious values. At one point on a US FDA assesment when i saw it at a nickel i almost bought 3500 it jumped to .89 and the share count was no less than 600 million plus. It still often trades above a nuckel around the .09 to .12. It isnt a bad company just way too many shares. In the past quite some time back i am talking late 90s $2.25 a share but i dont know what happened as to how they blew up their share count so badly and have not consolidated.

Eguana Tech is another formerly called Sustainable Technologies and has been around for over 20 years that did consolidate i believe at least once at the time i was following and when i held some shares. I dumped them when a German partner screwed the company and led to massive dilution at .05. Eventually they got to .50 but i stayed out because they were over 300 million and i was saying they should consolidate on a 5 to 1 basis but they were not. It is still kicking around with the company saying it has been rough on roof top solar sales but they do have some solid partners who deferred owings to help them. Still though a bid of .02 ask of .025 on over 400 million shares.

This company can suvive and can trade at these prices even if on the worst case no deals need to dilute etc. Assuming a hit to .015 it can still inevitably get back here and possibly advance. If things go South many will panic and lose badly but i wouldnt providing management has the will and resolve to carry on. That said i have been cautioning dont bet the farm and view this that can cut either way and that you will accept that which is not favorable as you would favorable. If you can not do so dont put any more at risk than you already have just my two cents. 

This can either be favorable and succeed which everyone is happy or not and the shares can go to .01 or .015 before consolidating the financials still being as strong as they are and will likely move back up to where this sits but there can still be a chance of a buy out then ranging .075 to .20 assuming a .015 price at 5 times .075 10 times .15 to .02 5 times .10 to 10 times .20. This is looking at things going South.

But if the .40 to .50 rumor of buyout proves true thats better.

Unless management throws in the towel this will keep kucking around and instead of taking loans management may equity dilute to pay them off and have things running day to day which will lead to 300 million plus shares outstanding and even so look at both medmira and eguana they are still around so that is not tge issue the issue yiu need to ask if things go South how much money am i willing to tie up for extensive periods and can i take a hit if in salvaging some of it if it takes long?