SHI- sure could and for good reason-- to give ISC back some leverage. Re-up w/DM extends out two things: product development of inline ( this is the value driver) and the negotiations over value. Actually,in this scenario, re-up would be a value driver for DM and ISC.
It could happen and it could be a good thing. Matter of fact, MGT. knows this and can easily play it this way for a while. I think the one oinment-fly is the delay in processing TSA's first development payment for the inline CRADA.
Re-up is really nothing if it gives the company some time to capture full value.
But then again, a partner could cut the knot and place themselves at the very front by buying in, gaining first use, paying OUT DM and capturing the advanced tech. that lies within this little gem.
OR the really smart player knows that the low hanging fruit ( TSA's expressed desire to put ETD inline w/EDS) is there for the taking ( come on, they visited, they saw, they know the specs., hell they may have brought a test package?!?!?!?!?!) Mgt. has to be smart enough to know that everybody has to be happy--not just a few parties. Doing a dour-deal is problematic for everyone else. Its about to get real interesting...you could see the SP sink to 18 cents ( re-up w/DM drives it instantly down) or soar to 1.25 cents on a sale of shares to a partner).
Here is the comforting part: BMG is not a bluffer. He is scientist that likely talked peer to peer in any product test, presentation or review. ISC has the real goods that are proven/purchased/performing products. Hard to line up the SP next to the PRODUCTS and guess they are attached to the same company, IMO.
AI
