The Company and its wholly owned subsidiaries design, manufacture, market, sell and support thin film, optical critical dimension and overlay dimension metrology systems for customers in the semiconductor industry.
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Almost out of cash, will have to start issuing shares to raise some cash to remain in business. New CEO isn't going to help them if they are broke.
Company hasn't made any money yet, doesn't look like it's going to any time soon.
Well now they have some cash, yeh its $12.5 million of debt. They also cleaned up the last of the junk on the balance sheet in the last quarter so the are done writing off non cash assets. They have good technology and a solid base of clients, when the market does pick up this will go up quickly. There was some stock traded and $3 early today. They are most likely at least a $4-5 stock in buyout if they decide they can't make a go it. In the price range it is currently trading I feel it is a bargain.