Its also good to remember, that the SP for a stock like ZEN moves with very little volume due to the relatively small float that is actually trading. In the same way that a little selling can move the price to these low levels, the converse is also true. A very small uptick in demand will also move the SP much higher very quickly. I don't think one can read anything into the value of the company from the SP at the moment. If someone wanted to establish a position and get say 5% of the company (about 3 million shares) the price would be soaring well past anything it has yet hit. Patience will be rewarded.