Jul. 31 at 3:25 PM
$HOWL I love the retail panic here, makes for cheaper shares. Nothing has changed here. If you believed in this yesterday then nothing has changed. 900k shares strong here and adding more on dips, not selling.
OBJECTIVE Analysis through July 31, 2026 (i.e. today)
Highlights:
--> 22m cash June 30 + 2m payment owed from Jazz = 24m cash
--> 8-9m cash burn rate in the current quarter Q3, we are one month in so burn of 3m so far
--> 24m cash subtract 3m burn puts us at 21m cash as of TODAY JULY 31, 2026, or 0.43/share in cash value alone. Selling at 0.38/share makes NO SENSE. I'm buying.
--> This analysis gives ZERO value to any of the remaining assets of the NASDAQ shell which is worth 7-10m on it's own. If you include the shell value then floor value of company currently assuming only the cash and shell is 21m+9m = 30m or 0.61/share
--> Any asset sale or platform sale will add much more to this valuation likely pushing this well above
$1/share
Do your own DD but I'm buying and holding
