Buffalo- in my semi-humble opinion, you don't know what you own:
- you own IP worth at least the margin on an IDIQ of $162M, say that's50M- 70M$
- oh yeah, that IP of yours, its worth plenty more margin on in-process sales
- oh yeah agin, that IP of yours- it will spawn next gen, follow on platform based ETD 3.0 products who have an even higher msrp and higher margin.
- and then you have this: $2M and a CRADA with TSA to develop the ETD 3.0 product line and then see the second oh yeah re: follow on.
- then you have all the ancedotal tales of "needed a CEO to take us to the next level"-- to be honest, that is a patented cliche owned by the NFL, but Kraft has pull...so the next level is NOT a sale. At least not now.
- the company did intend to sell itself, CEO BOLDUC pointed to a cap of $500M and a possible NASD listing to enable full value of said sale. Obviously a sale of $100M made him $8 while a sale of $500M made him $40M. Those enticements are still there, only spread around a bit more to insure a concerted effort to maximise value for you the shareholder.
But lets look at your 6 scenarios and then I'll add a possibility:
1. Dmrj floats more money > OF COURSE THEY WOULD, THEY HAVE MUCH TO PROTECT AND NO COLLATERAL TO INSURE WHAT THEY PROTECT
2. Hassett floats more money > WHY WOULDN'T HE, IF INTEREST HAS BEEN PAID? HE IS NOT IN THE BUSINESS OF RESETTING UP A NEW COMPANY AND DEALING WITH SHAREHOLDER ACTIONS
3. A new entity loans imsc money > POSSIBLE ON A STRATEGIC BUY IN, BUT THAT WOULD BE THE ONLY WAY.
4. They do a stock offering > NOPE, MAYBE A 10% CHANCE OF THIS
5. They sell the company north of the current share price > MAYBE,DEPENDS ON THE PRICE, REMEMBER THE CIC
6. They partner > POSSIBLE ON A STRATEGIC BUY IN
MINE: They execute, pay down debt, innovate, build and ah, well, ah to use an old cliche- take it to the dam next level!
BEST OF LUCK YA'LL LONG TIME SHAREHOLDERS!
AI
