Im thinking April 18 is Deal Day. Looking at tha Big Pic, Tax Day, if you step bakk and look at John Gorsts activity around Friday, March 18 when he filed the Form 4 and did the website changes that weekend, there might have been a "tell" there... a "30-day" tell.
Remember, he didn't have to file the Form 4 then, it was already 10 days late anyway, or make website changes, but "something" might have happened right there on Friday March 18..
Just like Gorst didn't have to file the nvsos list 6-mos. early last Sept., right before the mystery fruntloding start-d..
On IPOs theres a 30-day "quiet period" SEC rule, which doesn't apply to buyouts as far as I know,, but "30 days" is a structural part of many "deals"...
Plus you add in 3 factors:
1. This is coming up on the height of the tax season, and Gorst and the "team" are busy with tech issues on the accounting website I'm sure... A deal might "get in the way" if it came before Apr. 18.
2. The promotional value of a buyout deal coming on Tax Day would be huge for the INSQ buyer, given all the news coverage of "Tax Day" April 18.
3. The INSQ cpaasp.com website hits on April 18 are probably the year high, and being already a top Alexa.com ranked site, would give the INSQ buyer added promotional value to the braking Newz, with good will added to the exxxxisting customers.
Not trying to paint the INSQ deal into a "deal date" korner, cuz a Deal could pop out at any minit b4 or after, but April 18 looks good rite now.
The bottum line: If I were buying out INSQ, I wudd do it on April 18.
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