What's wrong with this stock?...Cash of $11.5M with Market Cap...

  1. 470 Posts.
    What's wrong with this stock?...Cash of $11.5M with Market Cap of $10.5M...and no value given to their listed assets.

    They've been working on Europe for almost 2 years, spent $1M so far and the only market update is "we are working on it".

    Am I answering my own question? What do management do during their days to justify their salaries?

    Any one else watching this sloth
 
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Currently unlisted public company.

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