This is a pretty interesting situation that could quickly double with minimal risk given the strong balance sheet, ability to generate free cash flow and special situation that will allow investors the trade the name for the first time in years.
With all of the assets on the balance sheet, including a huge cash position, owned equipment, a pile of accounts receivable, owned inventory and the only liabilities a few payables, the company is your typical Ben Graham, net-net, that is so cheap it is almost impossible to lose money.
The best part about this situation is the fact that few follow the name. The company is a nano-cap that trades on the expert market, but is about to relist to the OTC boards where investors will soon be able to buy the name.
Not many people are following this situation. If you keep a close eye on this security, it could be an easy double once you are able to re-trade the stock. And if you are diligent enough, you could contact an expert market broker and front run the re-listing of the security onto a major exchange.
Let’s dig in.
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