Ann: Directors Resignation and Transition Begins , page-11

re: Ann: Directors Resignation and Transition... Was going to sell but didn't.
Market cap of 12 mill.

Cash 3.5
Cf. 2 mill?
SJ. ?
Laos ?

Someone with better knowledge might be able to put some creditable values to these assets?

Surely this stock can't go any lower. Well it can but if it's going below the value of the net assets then it's way too cheap.

The announce t was terrible. What is the transition? I fail to see how anything can happen with SJ this year now. Someone tell me I'm wrong