Nelly Shishkova

MRV Communications Inc. (PINK:MRVC) Opened the Massive Trade on Frozen Stock Price

by Nelly Shishkova October 27, 2011

MRVC_logo.gifRegarding the financials of MRV, as of June 30, this year the unaudited report shows the following:

* $1.8 million net loss
* $68 million revenue
* $152 million cash
* $323 million total assets
* $84 million current liabilities
* $1.2 billion accumulated deficit

Some of these numbers don't look so bad, however, they are not able to attract traders that much. Whether the special dividend will change the chart position of MRVC is still to be seen.

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