What do you think of a stock....

That has 50 million outstanding shares
Trading at $1.00 a share
And the company has 50 million dollars in the bank with no debt?

Does this exist? If so, is a company like this troubled or extremely undervalued?
 
Yes that stock and her numbers look strange.
Anyways, back to my question.
Is it a healthy company that has these kind of numbers?
 
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