IIR Initiates Coverage: 4.7c price target (DCF base case), page-7

If the contract is not renewed, then CXZ will be valued at it's net tangible assets and will be bleeding money paying it's staff to do essentially nothing. The risk of the contract not being renewed has already been priced into the current SP - partially the reason it has been stagnating at these levels for months. If it doesn't get renewed I would expect well below 1c in the short term.

We went from paying our CEO ~$30k to $200k + a bunch of shares if CXZ hits the required targets. As an investor you either have to accept that management is trying to milk as much money as they can from this company before abandoning ship, or that the contract renewal is all but assured.

There is literally no reason for GM to not renew this contract. They don't need cost cutting measures, as their share price has almost doubled throughout 2020. To not renew this contract would be telling their investors they blew millions on software they ultimately discontinued - which would send their share price down costing GM far more than they paid CXZ in the first place.

At this point investing in CXZ is basically gambling. The general sentiment around here is that the contract will get renewed. If it does you could at least double your investment. If not, you lose more than half of it. Up to you.