CVV CVD Equipment Corp.

$CVV This business may be worth nothing according to some. But the real estate is worth at least $29 million combined, but as much $34 million if it matches recent central Long Island comparables. Working capital will come in around $24.5 million when they report Q3. The company has no debt. I see a range between $53 million and $59 million in assets here valued at about $29-$30 million. How badly does the market expect the company to continue to screw up, especially when the main shareholder/director has a 19% stake in the company and seems to be pushing for further asset sales. Bear in mind, I'm valuing the technology, IP, any remaining equipment sales, and material process know-how at $0.00.

$CVV The Saugerties facility that they retained ownership of after the sale of SDC to Atlas Copco is likely valued a bit higher than I initially valued due to the building's cleanroom between 4000 and 5000 square feet which was built to ISO 4 and ISO 5 standards. The ISO 4 standard makes this building worth around $4 million vs my earlier estimate of around $2.5 million to $3.0 million. So the Saugerties property plus the Central Islip property is likely worth at least $30 million combined, and as much as $35 million if they find an ideal buyer for Central Islip. These properties are worth more than the company is being valued at, plus the company will end Q3 with about 24.5 million in working capital. I'm not sure what the tax rate and fees will be on the sale. I'm also not sure if the retain tax loss caryforwards after the SDC sale.

$CVV what Is the rationale keeping all that cash aboard instead of distributing big part of that to legitimate owners, shareholders? Regardless still not a liquidation and Dissolution process started due to backlog matters, still 1 year satisfying previous orders worth 3.9 mln USD and providing spare parts etc If needed, why to retain 23.5 mln USD when co has stopped biz and already sold a big chunck of assets other than real estate and Ip? If the Company willing to buy a new business (unlikely) or if that cash cushion needed for a Merger, ok, I would understand...but It seems co has choosen to close doors. BOD should declare imo a 2 USD Special Dividend worth 14 mln USD given that left cash 8/9 mln USD would be more than enough to run limited ops next 12 months while seeking buyers for real estate and Ip or a Company willing to merger with and into? Than co should distribute money to holders when left assets sold. What Is your opinion? Thx

$CVV market cap less than 28 mln USD while last cash position 23.5 mln USD with very small cash burn not including interests on short term investments; two buildings mortgage free up for sale worth up to 20/35 mln USD; debt free co with patents worth at least 1/3 mln USD and NASDAQ status potentially eligible for RM,worth at least 5 mln USD. 40 mln USD the low value I put for the co. asset liquidation including 4 mln USD for expenses and costs; 60 mln USD the highest less 6.5 mln USD for expenses and costs. 40 mln USD /7 mln Os = 5.70 usd 60 mln USD /7 mln Os= 8.57 usd Even assuming 7 mln more in potential costs,expenses,taxes the low and High value still way more than current depressed pps,4.70 and 7.57 or vs the mid case 6.135 (4.7+7.57/2) worth. Co Is trading as owned buildings do not exist, absurd! Insiders own 24% Os, Affrick alone 19%. What Is your opinion? What Is wrong with my numbers and co. given business exit. Do your dd before investing this Is not a financial advice.

$CVV What is the deal? Cash is not King anymore? I smell a Cheesy trap behind the Walld. 3 more weeks of agony.

$CVV posted on this about 1-2yrs ago that the only thing driving this was lab grown diamond equipment - Looks like its coming to pass.