example of corporate diligence tox holdings, page-2

certainly a cheap share, with some revenue, from operations. gross revenue, relative to the share price, and market cap, seems to be good, however, net revenue is very negative. i suppose an attendance at the agm could be worthwhile to see if any light can be thrown on attempts to turn the company around. they say that they have had positive earnings (ebitda), for the last two quarters. it could be a turnaround situation, but the balance sheet does not look all that good

if you want a cheap play - look at adm (auridium). the company has a modest number of shares, and employs 80 people, and is making a operating profit (before abnormal write downs). also the balance sheet looks good