For as many years as some folks have followed the company, I am constantly amazed at the disconnect and how many things are misread. Just yesterday I saw some posts celebrating the release from the NAS, not realizing it was the second thing they were in non-compliance about.
Putting large sums of cash into a company and then putting blinders on to everything that swirls around the company only focusing on the pile of cash at the end and some meaningless party with a bunch of like minded shareholders is a recipe for disaster-and it has been for this group of investors. Not to say having meetings of like minded shareholders is a bad thing..but to suspend reality has been extremely harmful.
If what you say comes to pass player, there will be a sound of collective wavoid jaws hitting the floor. If this is true I cannot imagine a price favorable. I think they might be in a position to see stock in the acquiring company but at ratios in triple or 4 digit shares for 1 of the new company. It will be at a single digit percentage of what the company has squandered.
There is no proven demand, no proven track record, and no idea if the remain staff would be considered an asset to an acquiring company. It has been shown the tax liability is as advantageous as once thought. There is zero strength in the stock. There are 2 NAS delisting notices out and the company does not have a respected financial institution in its corner. I don't see any way this company can dictate any terms to suitor.
