Mar. 11 at 4:56 AM
$CVV Company auction for the equipment being liquidated to support their outsourcing pivot wraps up on the 19th of this month. I expect
$600K to
$800K to be generated after fees. SGA line on the balance sheet will shrink as cash increases. If SGA goes down to
$10 million, it's 20 million under mark to market value. Massive undervaluation with tangible mark to market book value at
$6.00/share.