Buffalo I want the most I can get for the shares I own. Period. A worthy discussion centers on two things; what is the most possible under the best conditions and what has to be done to enable those conditions. I think you have to remove "quick-sell-itis" from the worthy discussion. I also think that IMSC would not realize full value of the intellectual property they own at this time. Sure, someone might try to steal that with an undervalued offer.
What troubles me is the imaginary ( can only call it that) line that appeared to be drawn around the level that insiders could take their options to buy stock, about $1.40. If you think about it dmrj would not care, they would want it higher except for the fact that insiders would be putting valueable capital into the company at a time the company needs it. I doubt very much that insiders would buy those options until the stock is over $2/share.
Some entity wants the price in range, low range. Its either Smiths or Morpho or whoever wants to buy IMSC. That entity knows the misery we long term shareholders have withstood and gone through. The tact is, keep us longs miserable for as long as possible, then an undervalued offer looks like a fillet. To that flimsy tact I would say this: Dr.McGann knows what IMSC and do in the near future. I say near because I sense its an event that will happen before the end of IMSC's fiscal year. This event could easily triple the value of the company, whatever that value rises too after a debt refi. Morpho's cheap shot protest, which in my opinion has no chance nor a leg to stand except they are allowed to file protest. I believe the tsa will overrule it very quickly for the good of US security.
IMSC has the intellectual power worth far more than 150 million dollars ( market cap plus debt). We also know that the ceo has targeted a $500 million dollar cap target. I believe him as everything he has predicted that IMSC controlled, aside from the exact dates, has come to pass. When a ceo is moving ahead and hitting goal points, you have to give him more support.
Its also very important to complete all agreements as signed, which I believe they will as a refi arrangement that lightens financial pressure and stops dilution is in the interest of all long term shareholders and should be supported. Further, anyone who is not in agreement with this has an agenda that is NOT aligned with mgt. and long term shareholders who seek maximum value for every share. Day traders or swing traders or retail hedge players or any of that ilk have no say. This is just my opinion but to me it appears that long term shareholders as a group are about to splinter, making an undervalued offer more likely and sooner than anyone wants. Splintering support would dampen the possibility to achieving full value.
Please support me when I say: Dr. McGann can, is and will do even greater things if he gets the support from long term shareholders.
Hope everyone had a Great Thanksgiving Holiday and as usual, Best of The Best Luck for all IMSC LONGS!
