Results 1 to 4 of 4
CGRA - New CEO. Trading well below book value
New CEO as of Dec 15, 2014.
The Assets on had (Long Term) are $10 million
Liabilities are $1.9 million
Trading at .0014 with a O/S of 320 million (market cap about 400k)
They have revenues and with the new management I am expecting several PRs are on the way.
One to definitely keep an eye on.
This one's been getting some attention. I think this is a diamond in the rough. Simply going through the balance sheet shows how much this company is truly worth if liquidate. O/S remains the same @ 319 million. 10 million in assets. 2 million in liabilities. Even at a significant markdown this company should be trading in the .004-.005 range.
Record volume yesterday. Debt selling has probably been soaked up. There was a buyer who has loaded approx 50 million shares.
Rumors are that this will be acquired and taken private
CGRA - Big $$$ moving in tomorrow. Book value 10x what it's trading at.
Great bid support today. News should come out soon
