I was the market yesterday as I purchased 25k shares which was the total volume for the day. Now, I'm contemplating if I should sell. Here is the deal. There has been great DD on this stock. I agree the filings and DD show that this entity is being kept alive rather than shut down. That is important as we have a great shell here with a market cap under $1m. The issue is that the Dr. has a comfort level with IPOs. He has taken his 2 most profitable ventures public by IPO. His filings are giving him the option for a reverse triangular merger but my belief is that his staff is doing their job in keeping his options available. In any event, even though there is a tax benefit from a RTM, it's maybe $30M. That is peanuts compared to a guy who has invested $1B in this company. The more likely scenario is they are prepping this shell for sale if dr. Ss isn't pursuing a reverse triangular merger. IPO is way more likely given the huge upside from a well marketed IPO. I hope I am wrong but I want to be realistic.
GLTY and again, hope I am wrong.... Chahagirl