|I am going to create a new "Weekend Update" called, "THE RACE TO ZERO"|
REFR vs. PRKR
Both Companies are 20 plus years old.
Both have "Burned" over $80 million and currently suffer a cash shortage. CEO's are paid generously.
Both are Licensor Business Models that are asset poor and employee light, and have nearly no revenue.
Both have CEO's that have "complications" with telling the Truth.
REFR Book Value $25.73MM
PRKR Book Value $25.58MM
Week One Results: REFR wins by $150,000.00*
*Results courtesy of Yahoo Financial