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Re: humnow24 post# 32615

Wednesday, 02/24/2016 3:11:36 PM

Wednesday, February 24, 2016 3:11:36 PM

Post# of 47873
Sure, I'll give you 30M$ for ISC--will you take THAT? Hell no. That is the rub.

But one can make a case for $15M almost as easily as $250M. My sense/hope is: ISC is a 350M$ company but willing to look at $250M plus assumption of debt.

Sadly, this entire "discussion" is taking place at 4 year low tide of the SP, which discolors all points of valuation. BUT knowing MCG and Dr.J are in the money above 78 cents sets a real line in the sand, I believe.

It would have been to our advantage to start this process sooner than when it is occurring as we now face the March deadline...so the game of chicken is in progress...which is why Roger is working thru details with DM.

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