Tuesday, November 18, 2014 10:57:46 AM
1) "transformative" deal is agreed to. My guess is that this would involve COVR being acquired by a bigger company in an all stock transaction.
2) continue as an independent company and hopefully will have some new licensing contracts to announce soon. It was mentioned on the CC that there are 5 potential deals where customers are close to making a decision as to what vendor they will use.
Personally I'm rooting for #1 as I think that it would be helpful if COVR were part of a bigger company. Manish mentioned that the deal would allow COVR to offer a number of additional products, etc.
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