Doc D- can't say I know much about SBA loans but they are an arrow in the quiver.
I think a strategic buy in would be an option, but one that has to be large enough to extract dmrj out of the stock.
After that, its more dmrj like options, none of which are THAT much more attractive but anything is an improvement on the terms they hold over the stock.
A buy out now, well, the whole scenario says: lowball and not fully valued. So today, I dislike that option, if it is a lowball attempt. Drs. McGann and Jones have a card to play here as they are greatly incented to find that buy in entity.
I sure would have liked to see mgt. convert at 1.4 if the stock had reached 2.01 or there abouts, which aligns them more closely with common.
As I said, another product gets into tsa cert. process and the value goes thru the roof, imo so we might see a stopgap kind of deal to take out some debt, provide operating funds and allow them to get a product ready for data capture.
Doc- what do you see happening, if you had to boil out the giddy thinking, the hopeful ideas and deal with just reality come Jan. 15th-- note, I think your $3 take out is not real today.
Best of Better Luck to ALL IMSC LONGS!