Their main drug, not to mention the other casset patents, PHase2 drugs etc. revenues upwards of $300M per year. At a conservative 3x sales the bids should be in the $900M range.
$900M would result in convertable note holders being paid their $650M leaving the common folk aka us common shareholders roughly $2.24/share based on the 165M shares O/S.
Seems like a very good possibility their assets go for more then what they owe.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.