Clearly this company is in trouble but there are questions i cant seem to answer,
What is the real value of the company , if any? Can it be rescued ? Why did David Vander come back if the company is a cot case ? What scares me is that this may simply be a situation where the vultures are picking over the victim and nothing will be left for the shareholders.
It will be interesting to see if the next report shows a turn around or not.
LVT Price at posting:
2.5¢ Sentiment: Sell Disclosure: Held