Maybe the value of this company is more like a good will value that doesn't show on the books...a sort of potential value like Aloha Broadband, who bought an analog TV piece of bandwidth at FCC auction for $2.5Billion and sold rights to the lower 48 states 5 years later to ATT for about $5Billion and kept Hawaii and Alaska rights for themselves. Product was physically the same thing on both ends of that deal, but someone had a much better vacation at the end of the year and all the US 48 McDonalds suddenly had broadband through ATT. ALOHA didn't shine it up and spit pollish it. The clock and the calendar change a whole lot of things. Here's hoping.