Unless there is a high distrust towards the management (which would be surprising from the investors since they invested, though of course they can change their minds), there is no reason for the company to be traded below assets per share. Even if the company is doing nothing. (It might be even better. I probably have posted this thing earlier, but here it is again:
http://www.btcalpha.com/blog/2014/you-can-raise-it-but-you-cant-spend-it/).
Financial reports serve a few purposes, like avoiding overvaluation (see AsicMiner giving everything in dividends and ending with not that much cash for reinvestment) or undervaluation, or avoiding overspending (see NeoBee spending it all) or "personal" spending. They're not magically making things better, but they are an essential tool for investors.
That is assuming the financial reports are accurate.
I suppose that the guy running this operation could be the most trustworthy person in existence but that doesn't change the fact that this halfassed knockoff of runescape has literally no chance of raising even a few percent of their total value in revenue.
I'd be surprised if they earned an entire bitcoin.
Also AM has plenty of money for reinvestment. NRE for gen3 was paid for with part of said money.
I don't thing S.NSA, X.EUR were announced on this forum either, and MPOE-PR wasn't banned yet
Was anyone informed? 1-2 trades a month seem to hint no. .