One way to assess the value of chm is to divide their assets by...

One way to assess the value of chm is to divide their assets by the number of shares they have issued.

From memory they have about $1.3 million in cash and about 1 billion + shares. Nothing much else other than their the case without merit.

share holder value is about $0.0013 / share and falling. And they are trading at $0.03. So you can see they are grossly over valued and the case will drag on for years. Thats why current holders of chm are selling.

When the security for costs motion is to be argued successfully the only way chm will be able to raise the security is to issue more equity and further dilute share holder equity. No bank will lend them anything based on their case. Then of course the punters may decide not to buy new equity. oh oh

chm woof woof